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PBoC: Injects Flexibility Into Robust Monetary Policy, Betters Cross-cyclical Policy Design
In its 3Q20 Chinese monetary policy execution report, the PBoC stated that in the next step, it will inject higher flexibility and clearer direction in the robust monetary policy i...
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PBoC: Injects Flexibility Into Robust Monetary Policy, Betters Cross-cyclical Policy Design
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2020/11/26 17:36
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In its 3Q20 Chinese monetary policy execution report, the PBoC stated that in the next step, it will inject higher flexibility and clearer direction in the robust monetary policy in accordance with the central government's deployment.

The Chinese central bank will brush up the cross-cyclical policy design and the coordination mechanism of monetary supply while giving full play to the role of monetary base injection in nudging high-quality economic development.
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