China financial markets not immune to external shocks -China’s central bank governor

2022.04.22 05:06

FILE PHOTO: Governor of People’s Bank of China (PBOC) Yi Gang attends a news conference on China’s economic development ahead of the 70th anniversary of its founding, in Beijing, China September 24, 2019. REUTERS/Florence Lo

BOAO, China (Reuters) – China’s financial markets are not immune to external shocks and the COVID situation also put more pressure on China’s economy, governor of the People’s Bank of China (PBOC) Yi Gang said on Friday in a video speech to the annual Boao Forum for Asia.

Yi said China will provide policy support for the real economy, and the country’s money policy will focus on supporting small firms and sectors hit by the COVID-19 outbreaks.

Source