• Chinese economy in reasonable range
  • PBOC to keep reasonable credit, financing growth
  • will keep yuan exchange rate stable
  • will continue to push forward on interest rate liberalization
  • continue to closely watch international capital flows

Peoples Bank of China Q4 monetary policy committee statement just out on Bbg

  • PBOC sees positive signs in US economy
  • says Eurozone faces deflation risk
PBOC - Prudent monetary policy to continue

PBOC – Prudent monetary policy to continue