Chinese central bank’s 15th five-year plan
China’s central bank, the People’s Bank of China (PBOC), released its first stand-alone five-year plan in at least a decade on Monday, focusing on measures to build the country into a financial powerhouse. These are its key points: 1. Optimise monetary policy architecture Refine market-driven interest rate and exchange rate mechanisms Keep the yuan exchange rate basically stable Proactively…
We haven't written up this one. SCMP Business has the full story — the link below goes straight to it.
