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Ex-IMF Official Urges China to Add Carbon to Monetary Goals

China should take into account carbon neutrality goals when setting monetary policies, local media Securities Times cited Zhu Min, a former deputy managing director of the International Monetary Fund, as saying at a forum on Sunday. 

The Chinese central bank should be innovative and it should evolve to add carbon neutrality as the third pillar of its monetary policy goals, on top of stabilizing prices and supporting economic growth, said Zhu, who is now chairman of the National Institute of Financial Research at Tsinghua University, at the New Financial Forum in Beijing.