China’s central bank chief: will use interest rates and RRR to keep ample liquidity

01/12/2025

Less than a minute

2025.01.12 21:42

© Reuters. FILE PHOTO: People's Bank of China (PBOC) Governor Pan Gongsheng attends a press conference in Beijing, China September 24, 2024. REUTERS/Tingshu Wang/File Photo

HONG KONG (Reuters) – China’s central bank chief said on Monday the government will support moderately loose monetary policy to maintain ample liquidity.

Pan Gongsheng, governor of the People’s Bank of China, told the Asia Financial Forum in Hong Kong that the central bank will apply various tools such as interest rates and required reserve ratio to supply liquidity in the market.

01/12/2025

Less than a minute

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