Abstract
The Chinese government reiterated its commitment to proactive fiscal and prudent monetary policies. Since 2014, the central bank has taken measures to loosen money supply as the economy faces growing downward pressure. The leadership strives to maintain modest growth while facilitating economic restructuring. For the central bank, besides maintaining an accommodating monetary environment, it is asked to achieve better credit allocation among sectors. Numerous new innovative policy tools have been experimented.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.