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

Reuters

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)

tagreuters.com2022binary_LYNXMPEI8406X-BASEIMAGE


You appear to be using an ad blocker

Shore News Network is a free website that does not use paywalls or charge for access to original, breaking news content. In order to provide this free service, we rely on advertisements. Please support our journalism by disabling your ad blocker for this website.