SHANGHAI: China’s central bank has left a key policy rate unchanged as expected when rolling over maturing medium-term loans, with uncertainties around the timing of an easing by the US Federal Reserve (Fed) limiting Beijing’s room to manoeuvre on monetary policy.
Beijing is striking a delicate balancing act to support the economy at a time when signs of persistent deflationary pressure call for more stimulus measures.
Already a subscriber? Log in
Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.
Cancel anytime. Ad-free. Unlimited access with perks.
