China will strive for economic growth minus the risks: Central bank governor


BEIJING (Reuters): China will strike a balance between stabilising economic growth and preventing risks, even as debt was allowed to temporarily rise this year to support the coronavirus-hit economy, central bank governor Yi Gang said on Wednesday (Oct 21).

Yi told a financial forum in Beijing that he expected China's macro leverage ratio to stabilise next year as the economy expands, after the debt gauge rose in 2020.

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China , economy , central bank governor

   

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