China to focus more on transmission of monetary policy amid rising external uncertainty
Add BT as a preferred source
[BEIJING] China must manage the relationship between steady economic growth and risk prevention as external uncertainties are increasing, according to a recent meeting of a high-level government body.
The State Council Financial Stability and Development Commission said more attention needs to be paid to the transmission of monetary policy and its support for the real economy, according to a statement posted to an official government website on Friday.
China will continue to crack down on illegal financial activities and institutions and make positive use of fiscal policy, the meeting decided.
REUTERS
Share with us your feedback on BT's products and services
TRENDING NOW
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
CDL, Hong Realty outbid 3 other bidders with S$542.4 million offer at S$1,865 psf ppr for Peck Hay plot
Evergrande’s liquidation prompts some PwC partners to shield assets, contemplate divorce
Private equity giant Carlyle can grow bigger but needs to stay on its toes: co-founder David Rubenstein
