China's central bank pledges flexible, precise implementation of monetary policy

Posted by Fullerton Markets on Jun 30, 2021 1:00:00 PM

In his exclusive CGTN report, our Chief Strategist, Jimmy Zhu, shared his views on PBOC's statement, after its quarterly meeting, to maintain a balance between economic recovery and risk prevention.

Key takeaways include:

👉 Increasing efforts to facilitate inclusive finance and guide financial institutions to support various sectors.
👉 Strengthening coordination of international macroeconomic policies to prevent external shocks.
👉 Tools will be set up to boost coal emission reduction and improve the green financial system.
👉 The PBOC will be paying more attention to maintaining a stable exchange rate, although it is expected that PBOC will not make too many policy adjustments.

Learn more by reading the full article




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