Economics

PBOC’s Yi Says China Can ‘Contain’ the Risk From Evergrande

  • Yi predicts producer price inflation will slow at end of year
  • GDP growth forecast at about 8% for year, governor says
WATCH: The head of China’s central bank says authorities can contain risks posed to the Chinese economy and financial system from the struggles of indebted property developer China Evergrande Group. (Source: Bloomberg)
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People’s Bank of China Governor Yi Gang said authorities can contain risks posed to the Chinese economy and financial system from the struggles of China Evergrande Group.