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PBOC Announces Implementation of Appropriately Easing Monetary Policy by 2025
2025-01-14
Xuanchang Neng, the Vice Governor of the People's Bank of China (PBOC), has announced that an appropriately easing monetary policy will be put into effect by 2025. The policy will emphasize countercyclical adjustments and will flexibly adapt to domestic and international economic and financial conditions. This strategy aims to maintain ample liquidity, lower overall social financing costs, and simultaneously keep the Renminbi (RMB) exchange rate largely stable.
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