The People's Bank of China (PBOC) in Beijing. — Bloomberg
BEIJING: China's central bank said it would strengthen monetary policy adjustments and cut banks' reserve requirement ratios and interest rates at "an appropriate time," according to a statement released on Friday.
The central bank will enrich and improve monetary policy tools and monitor changes in treasury bonds' long-term yields, the readout of a meeting of its monetary policy committee, held on Dec. 27, showed. - Reuters
