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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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Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.