China's central bank will continue to support economic recovery -state media

27/6/2022 1:45:00 PM

China's central bank will continue to support economic recovery -state media

China's central bank will continue to support economic recovery -state media

BEIJING : China's monetary policy will continue to be accommodative to support economic recovery, People's Bank of China Governor Yi Gang was quoted by state media as saying.China's real interest rates are pretty low considering inflation, Yi told China Global Television Network (CGTN) in an interview.

BEIJING : China's monetary policy will continue to be accommodative to support economic recovery, People's Bank of China Governor Yi Gang was quoted by state media as saying.China's real interest rates are pretty low considering inflation, Yi told China Global Television Network (CGTN) in an interview.

China's outstanding green loans exceeded 18 trillion yuan ($2.69 trillion) as of March, while outstanding green bonds reached about 1.3 trillion yuan, Yi said a transcript of the interview posted on the central bank's website.CGTN said the interview was conducted recently.

Read more: CNA »

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China's real interest rates are pretty low considering inflation, Yi told China Global Television Network (CGTN) in an interview. China's outstanding green loans exceeded 18 trillion yuan ($2. The centre was drafted by the Houston Rockets on Jun 26, 2002, kickstarting a glittering career that won him a succession of personal accolades and transformed the Shanghai-born Yao into a household name in both China and the United States.69 trillion) as of March, while outstanding green bonds reached about 1. The proposed rules"have set a relatively high bar for products and institutions, and are designed to ensure safety of pension fund investment and protect investors' interest," the CSRC said in a statement on its website.3 trillion yuan, Yi said a transcript of the interview posted on the central bank's website. Since his emergence, no Chinese player has come close to matching his achievements, and the prospect appears even less likely as the league has become mired in simmering tensions between Beijing and Washington. CGTN said the interview was conducted recently. The tough rhetoric stood in contrast to Stoltenberg's comments at the Nato summit in Brussels last year, where he said that while China's military build-up, growing influence and coercive behaviour posed some challenges to the alliance's security, there remained opportunities to engage with Beijing, especially on"issues like climate change and arms control".

($1=6. "He brought the NBA into China, but he also took China into the NBA," said fan Gao Dabao, 30, outside a basketball court in Beijing. Other types of retail funds with clear investment strategies and good long-term track records will be gradually added to the eligibility list as the scheme expands, the CSRC said.6899 Chinese yuan renminbi) Source: Reuters .