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CHINA
<strong>Central bank to ‘do our part’</strong>
The People’s Bank of China has vowed to take its share of the responsibility in stabilizing the macroeconomy and introduce monetary policies that are conducive to economic stability. The central bank would step up its support for the real economy and continue to lower funding costs for companies, it said in a statement on Monday evening, after a working conference to plan for next year. The bank would use a variety of monetary policy tools to keep liquidity “reasonable and ample,” and ensure credit growth is stable, it said. The central bank reiterated its promise
CHINA
<strong>Central bank to ‘do our part’</strong>
The People’s Bank of China has vowed to take its share of the responsibility in stabilizing the macroeconomy and introduce monetary policies that are conducive to economic stability. The central bank would step up its support for the real economy and continue to lower funding costs for companies, it said in a statement on Monday evening, after a working conference to plan for next year. The bank would use a variety of monetary policy tools to keep liquidity “reasonable and ample,” and ensure credit growth is stable, it said. The central bank reiterated its promise