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will use interest rates and RRR to save more By Reuters


© Reuters. FILE PHOTO: People's Bank of China (PBOC) Governor Pan Gongsheng attends a press conference in Beijing, China September 24, 2024. REUTERS/Tingshu Wang/File Photo

HONG KONG (Reuters) – China’s central bank chief said on Monday the government would support looser monetary policy to save more money.

Pan Gongsheng, governor of the People’s Bank of China, told the Asian Financial Forum in Hong Kong that the central bank will use various tools such as interest rates and the reserve ratio needed to supply money to the market.





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