China has ample room for monetary policy: central bank deputy governor

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A man walks past the headquarters of the PBOC, the central bank, in Beijing

BEIJING (Reuters) – China has relatively ample room for monetary policy, the deputy governor of the country’s central bank said on Monday in remarks about follow-up policy measures to prop up the shaky recovery of the world’s second-biggest economy.

The central bank will also guide policy banks and commercial banks to support infrastructure investment projects, Liu Guoqiang, Vice Governor of the People’s Bank of China, told a press briefing.

(Reporting by Kevin Yao and Ellen Zhang, Editing by William Maclean)