The Politburo said China would switch to an “appropriately loose” monetary policy stance and “more proactive” fiscal levers, as well as stepping up “unconventional counter-cyclical adjustments ...
The Chinese central bank has shown a willingness to take more decisive steps to counter the economic slowdown. In September, Pan delivered a 20-basis point reduction to the seven-day rate – breaking ...
China pledged on Thursday to increase the budget deficit, issue more debt and loosen monetary policy to maintain a stable economic growth rate as it girds for more trade tensions with the U.S. as ...