Source: China – South China Morning PostChina’s central bank intends to carefully calibrate the intensity and pace of its “moderately loose” monetary policy implementation, taking steps to help the country’s economy grow by Beijing’s goal of around 5 per cent this year.
Zou Lan, deputy governor of the People’s Bank of China, said on Monday that the agency would closely monitor and evaluate the transmission and actual effects of previously implemented measures. And any future steps would be based on domestic and international financial…Read More