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China Central Bank Governor Pledges Stronger Support to Economy

  • Economy still faces “certain downward pressures,” Yi Gang says
  • Rising Covid cases pose fresh risks to China’s growth
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WATCH: PBOC Governor Yi Gang says the bank will step up with stronger support for China’s struggling economy. John Liu reports.Source: Bloomberg

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China’s central bank will step up the implementation of its prudent monetary policy to provide stronger economic support, Governor Yi Gang said.