Press "Enter" to skip to content

PBOC pledges to increase counter-cyclical measures, warns on inflation

CHECK THE WIRE FOR REAL-TIME NEWS UPDATES

China’s central bank said it will “increase counter-cyclical adjustment” to ward off downward pressure on the economy, while staying vigilant on the possibility of expectations that inflation may spread.

The economy faces greater difficulties as investment growth slows and industrial production remains sluggish, the People’s Bank of China (PBOC) said in its third-quarter monetary policy report released Saturday.

The central bank highlighted an increase in challenges from the previous report in . . .

To continue reading, please subscribe. You will get

  • An indispensable and reliable source of information on China's economy and financial markets
  • Original and in-depth reporting 
  • Details, data and perspectives you don't read elsewhere
  • THE WIRE - the ONLY real-time financial news platform focused on China, with 24/7 continuous live updates
  • Daily Brief newsletters to get you prepared for every trading day

Don't Miss Christmas Offer!  Full subscription less than $0.5 a day! 

FREE TRIAL cancel any time

We highly value independence. We are solely funded by subscriptions from thousands of readers like you.  

Already have an account? Sign In

Top