PBoC’s Zhou: 6.5% growth target is ‘within reach’
Governor urges countries to remain open to trade and investment
China’s monetary policy will remain prudent and neutral and the nation’s expected 6.5% growth target for this year is “within reach”, according to the People’s Bank of China governor Zhou Xiaochuan.
In a statement to the International Monetary and Financial Committee as part of meetings in Washington DC, Zhou pointed out that the corporate and the financial sectors in China are broadly resilient, with risks well under control. Capital and other provisions in the banking sector remain adequate.
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