Last updated on February 11, 2021
China’s central bank has reiterated that it will prioritize stability in its monetary policy and avoid making sudden shifts. It warned about risks of the fast-growing leverage ratio in the household sector and said China should not rely on consumer finance to expand consumption.
The prudent monetary policy will be more flexible, precise, reasonable and moderate, and will strike a balance between economic recovery and risk prevention, according to the 2020 fourth-quarter monetary policy . . .
To continue reading, please subscribe. You will get
- THE WIRE - An Unrivalled Real-Time Platform providing up-to-the-minute updates of market-moving news and views utilising a network of journalists, traders, brokers, analysts, etc. We walk you through every trading day in China to make you stay in the know. Here are some screenshots of our wire updates.
- ORIGINAL, IN-DEPTH & DATA-DRIVEN reporting on major events about China's economy, policy and financial markets.
- DETAILS - Get access to important details that you won't find elsewhere.
- WEEKLY NEWSLETTER - Receive a summary of the week's top news—distilled into one email.
Already have an account? Sign In