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PBOC chief rules out quantitative easing
12/2/2019

People's Bank of China Governor Yi Gang sees no need to introduce quantitative easing, provided inflation remains subdued and growth continues at an acceptable pace. "Maintaining positive interest rates and upward-inclined yield curve is generally conducive to the economic entities, and in line with the Chinese people's saving culture, thus beneficial to the sustainable development of the economy," he says.

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