China's central bank plans to adjust interest rates and reserves to boost economy and support renminbi.

China's central bank governor, Pan Gongsheng, announced plans to use interest rates and reserve requirement ratios to maintain economic liquidity. The focus will be on boosting investment and consumption to drive economic growth, with a particular emphasis on consumer demand. The real estate market is stabilizing, and China plans to increase its foreign exchange reserves in Hong Kong to support the renminbi market.

2 months ago
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