PBOC says will continue to prevent risks while stabilising economic growth
Commentary from China's central bank
- To closely monitor global financial market changes
- Reiterates that it will ensure that there is no systemic financial risks
- Will also fend off abnormal fluctuation risks in financial markets
General remarks there coming out from the PBOC. It's basically just a reminder to markets that they are there to support the Chinese economy while fending off risks to the financial system even though they are scaling back on deleveraging efforts.