Central Banks
PBOC’s Pan Sees Growth Improving and Local Debt Risks Manageable
- China’s property market shows recovery sign, Governor Pan says
- China to improve business environment for private firms: Pan
Pan Gongsheng, with Janet Yellen at the annual meetings of the International Monetary Fund (IMF) and World Bank in Marrakesh, Oct. 13.
Photographer: Hollie Adams/BloombergThis article is for subscribers only.
China’s economy and property market have shown signs of improvement and local government debt risks are “manageable,” according to central bank chief Pan Gongsheng.
Indicators including industrial production and services activity showed positive trends in the economy, the governor and party chief of the People’s Bank of China said in a speech Saturday at the International Monetary Fund’s annual meetings in Marrakech, Morocco.