China Will Not Flood Economy With Cash, PBOC Chief Says
Xu Wei
DATE: Sep 24 2019
/SOURCE: yicai
China Will Not Flood Economy With Cash, PBOC Chief Says
(Yicai Global) Sept. 24 -- China's monetary policy should remain stable without flooding the financial system with liquidity although the European Central Bank has restarted quantitative easing and the Federal Reserve has once again cut interest rates, Yi Gang, governor of the People's Bank of China said in a statement today.
China Will Not Flood Economy With Cash, PBOC Chief Says
