Free Trial

Better International Macroeconomic Coordination Needed - PBOC Official


China wants to work with other countries to increase macroeconomic policy coordination, according to Lei Yao, deputy director at the Financial Research Institute of the People's Bank of China (PBOC). Lei said central banks that pursue different economic and monetary policies had harmed global economic growth and called for more coordination to help global economic and financial resilience. The PBOC has decided strengthening international macro-policy dialogue will be the theme for its forum at next week’s 2023 Financial Street Forum Annual Meeting in Beijing, Lei added. (Source: Securities Times)

MNI Beijing Bureau |
MNI Beijing Bureau |

To read the full story



MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.