PBOC’s Pan Pledges More Steps to Address Tariff Shock If Needed

Pan GongshengPhotographer: Qilai Shen/Bloomberg
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China will adopt new policy support for the economy to counter external shocks if needed, central bank governor Pan Gongsheng said, in line with top officials’ latest signals of taking a patient approach to supporting growth.

“China has factored in all kinds of uncertainties when formulating this year’s macroeconomic policies,” Pan said in a statement to the top advisory board of the International Monetary Fund, which convened Thursday and Friday in Washington.