BEIJING (Reuters) – China will maintain its prudent monetary policy, vice governor of the central bank said on Saturday, at a time the economy has been hit by a coronaviurs outbreak.
Fan Yifei, vice governor at the People’s Bank of China, told a press briefing that consumer prices were unlikely to rise sharply.
He added that non-performing loan ratio remained relatively low in China and he saw space to deal with bad loan problems.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.