You are here

China to keep prudent monetary policy

This is needed to support structural reforms, says central bank chief
Monday, March 23, 2015 - 05:50

Beijing

CHINA could undermine structural reforms if it adopts an excessively loose monetary policy, central bank governor Zhou Xiaochuan said on Sunday, pledging to relax capital controls to help make the yuan currency fully convertible.

Mr Zhou also sought to soothe concerns over