PBOC Plans Targeted Stimulus as China Focuses on Price Risks
The People's Bank of China building in Beijing.
Source: Bloomberg
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Bloomberg News
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China’s central bank reiterated it will implement monetary policy that’s targeted and “forceful” this year to help support the economy, while the State Council warned of price risks in coming weeks.
The People’s Bank of China said it will “comprehensively use multiple monetary policy tools, and keep liquidity reasonably ample,” according to a statement Wednesday following the PBOC’s annual work conference.
