Central Banks
China Central Bank Seen as Open, Pragmatic in Economist Meeting
- PBOC attentive in talks on finding growth solutions: attendee
- Seminar skipped mention of deflation, which continued in Dec.
The People's Bank of China in Beijing.
Source: Bloomberg
The new leadership at China’s central bank signaled an openness to finding workable solutions to economic problems at a recent meeting with experts, according to one attendee.
During the three-hour seminar in December, People’s Bank of China Deputy Governor Lu Lei indicated the organization was attentive to feedback and pragmatic about policy, said the person, who asked not to be identified discussing a private event.