China’s central bank to use ‘precise, forceful’ policy to bolster recovery

China's central bank to use 'precise, forceful' policy to bolster recovery

China’s central bank said on Wednesday that it will increase policy changes and implement monetary policy in a “precise and forceful” manner to support an economy that was showing “increasing momentum” in its recovery. The People’s Bank of China (PBOC) said in a statement following a quarterly meeting of its monetary policy committee that it … Read more