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People's Bank of China adviser - China has limited room for further monetary policy easing

Liu Shijin is a member of the People's Bank of China's (PBOC) monetary policy committee. He is also vice president of the Development Research Center of the State Council. He spoke at the annual Bund Summit conference in Shanghai. He said that China has limited room for further monetary policy easing, citing widening interest rate differentials with the U.S., and should not count on macroeconomic policies to revive growth. Instead, the country should focus on structural reforms. such as encour...
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Posted: Sep 24 2023, 20:39
Author Name: forexlive
Views: 070636