PBOC adviser says China still has room to adjust its policies

Author: Eamonn Sheridan | Category: Central Banks

Ma Jun a member of the People's Bank of China's monetary policy committee

Speaking today at a forum in Beijing:
  • "In the short term, there is still a lot of uncertainty about China-U.S. trade tensions. If there is a mini-deal, it would be a boon for China's economy next year. If not, and the tensions worsen, there will be rising downward pressure
  • China still has room to adjust its counter-cyclical policies including fiscal, monetary and for real estate."

We heard something similar on policy space from a former PBOC head yesterday if memory serves. 
By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose