Caixin
Jan 11, 2024 02:22 PM
ECONOMY

China Central Bank Consults With Economists About Effective Monetary Policy

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Real borrowing costs in China have soared and are expected to stay high this year due to lingering deflation pressures. Photo: Bloomberg
Real borrowing costs in China have soared and are expected to stay high this year due to lingering deflation pressures. Photo: Bloomberg

(Bloomberg) — China’s central bank met with several prominent economists in the country to talk through ways of making monetary easing on the economy more effective. 

People’s Bank of China (PBOC) Deputy Governor Lu Lei attended the seminar with experts including Zhu Baoliang, chief economist at a government think tank called the State Information Center; Li Daokui, a former adviser to the central bank; and Wu Ge, chief economist at Changjiang Securities Co. Ltd., according to a statement posted late Wednesday on the PBOC’s website.

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