PBOC pledges more efforts to keep steady credit growth, fuelling expectations for loosening credit condition
PBOC pledges more efforts to keep steady credit growth, fuelling expectations for loosening credit condition

PBOC pledges more efforts to keep steady credit growth, fuelling expectations for loosening credit condition

 

>>REAL-TIME UPDATES IN THE WIRE. CLICK HERE<<<

 

 

Chinese central bank said in a recent meeting that "more efforts are needed to keep steady credit growth," which, many believe, indicates the authority is concerned about weak credit demand as economic recovery loses momentum and is likely to take actions to loose credit condition.

"As the global Covid-19 pandemic continues to evolve, China's external environment is becoming increasingly severe and complex and the domestic economic recovery is still not solid and uneven," according to a statement released by the People's Bank of China (PBOC) after a Monday meeting about China's economic situation . . .

Sign In or Subscribe To Get Full Access.

 

Everything on The Wire.

We Cover China Market In Real-Time Mode. Follow Us To Stay Updated!

 

TRY FOR FREE. 

Subscribe Now! 

Easy Cancel Anytime

 

Not ready for full subscription?

Sign Up For Free Weekly China Market Highlights HERE!Â