Free Trial

The People's Bank of China's monetary.........>

CHINA
CHINA: The People's Bank of China's monetary policy committee pledged during its
recent regular quarterly meeting to implement a "prudent and neutral" monetary
policy and control the country's money supply, the PBOC said on its official
website on Friday. The meeting, which was chaired by PBOC Governor Zhou
Xiaochuan, stressed that liquidity levels should be maintained at a stable level
and that the efficiency and ability of the financial sector to support the real
economy and control leverage ratios should be improved. The country will deepen
its financial reforms and optimize its "double pillar" framework of monetary
policy and macro-prudential policy, the meeting reiterated. China will further
push ahead market-oriented interest rate reforms and foreign exchange rate
reforms, the meeting noted.

To read the full story

Close

Why MNI

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.