- China’s SAFE: Monetary policy to further improve cross-cyclical adjustments
Market news
2 September 2022
China’s SAFE: Monetary policy to further improve cross-cyclical adjustments
An official at China’s State Administration of Foreign Exchange (SAFE) is making some comments on the monetary policy and liquidity provision.
Key quotes
Monetary policy to further improve cross-cyclical adjustments, and maintain stable and moderate credit development.
Will keep liquidity reasonably ample.
Will avoid flood-like stimulus, keep prices stable.
Cross-border capital flows in china generally stable, domestic foreign exchange supply and demand remain balanced.
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