PBoC spreads its monetary message – again
Subscribe to keep reading.
Sign up to stay briefed on what the Chinese government is doing, thinking, and saying.
Already a subscriber? Log in.
Stable. Flexible. Moderate.
That’s how Sun Guofeng, head of the monetary policy department at the People’s Bank of China (PBoC), summarized current monetary policy.
Some context:That’s a slight variation on the “flexible and targeted” mantraregulators were promoting earlier in the month, but ...