Economics
China’s Central Bank Signals Easing as Economic Risks Mount
- Omission of key phrases suggests easing space, economists say
- Officials have recently expressed more worries about growth
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China’s central bank signaled possible easing measures to aid the economy’s recovery after a sharp downturn in recent months fueled by a property slump.
In its latest quarterly monetary policy report published Friday, the People’s Bank of China removed from its policy outlook a few key phrases cited in previous reports, including sticking with “normal monetary policy.”