China's central bank says economic growth resilient despite large pressure


The People's Bank of China (PBOC) will work on preventing and defusing financial risks amid "profound changes" in the domestic and international economy, it said in a statement following the fourth-quarter meeting of its monetary policy committee.

BEIJING: China's central bank said on Wednesday that economic growth remains resilient despite relatively large downward pressure and mounting external uncertainty.

The People's Bank of China (PBOC) will work on preventing and defusing financial risks amid "profound changes" in the domestic and international economy, it said in a statement following the fourth-quarter meeting of its monetary policy committee.

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