PBoC reaffirms neutral policy amid concerns


BEIJING: China will pursue “neither loose nor tight” monetary policy to ensure basically stable liquidity, People’s Bank of China (PBoC) deputy governor Chen Yulu said.

The central bank would continue to implement “prudent and neutral” monetary policy, and create a “neutral and moderate” financial environment for supply-side reform, Chen told the Tsinghua PBCSF Global Finance Forum here.

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