• People's Bank of China Governor Zhou Xiaochuan: the central bank had enough tools to address the downside risks

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26 febrero 2016

People's Bank of China Governor Zhou Xiaochuan: the central bank had enough tools to address the downside risks

The People's Bank of China (PBoC) Governor Zhou Xiaochuan said on Friday that the central bank had enough tools to address the downside risks.

"China still has monetary policy space and tools to avert downside risks," he said.

Zhou noted that the economic growth remained strong.

He pointed out that there is no basis for further depreciation of the yuan.

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