PBOC says will continue to prevent risks while stabilising economic growth

Author: Justin Low | Category: Central Banks

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.

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