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Central bank vows more solid support for real economy

From en.people.cn

The governor of China's central bank has vowed to provide more substantial support to the real economy amid recent improvements in economic indicators, which experts expect to further consolidate the confidence in the country's economic recovery. Recognizing that positive factors in China's economic performance have increased with social expectations brightening, Pan Gongsheng, governor of the People's Bank of China and head of the State Administration of Foreign Exchange, said the PBOC will provide sustained support to and capitalize on the economic momentum. Aggregate and structural monetary tools are expected to ... (full story)

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  • Category: Fundamental Analysis