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Former Governor of PBOC Says to Pursue a Neutral Monetary Policies

March, 21 2018
watermark Economic news

The Chinese government opted for a proactive fiscal policy but still cautious in a neutral monetary policy, according to the former central bank governor during the meeting of the Group of 20 finance ministers and central banks.


On Wednesday, the central bank published the statements of the PBOC governor, Zhou Xiaochuan, during the G20 meetings in Argentina. Two days earlier, a new PBOC vice governor, Yi Gang, was appointed to take the place of Zhou. Yet, the most recent remarks of PBOC still referred to as the central bank’s governor.

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Risk Warning:
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.