China will lower RRR and interest rates at proper time, central bank says

$FILE PHOTO: Headquarters of the People\\'s Bank of China (PBOC), the central bank, is pictured in Beijing, China September 28, 2018. REUTERS/Jason Lee. , Reuters/REUTERS$

FILE PHOTO: Headquarters of the People's Bank of China (PBOC), the central bank, is pictured in Beijing, China September 28, 2018. REUTERS/Jason Lee.
Reuters/REUTERS

The central bank will enrich and improve monetary policy tools and monitor changes in treasury bonds' long-term yields, the readout of a meeting of its monetary policy committee, held on Dec. 27, showed

Beijing Newsroom, Reuters News

January 3, 2025

PHOTO
FILE PHOTO: Headquarters of the People's Bank of China (PBOC), the central bank, is pictured in Beijing, China September 28, 2018. REUTERS/Jason Lee.

China's central bank said it would strengthen monetary policy adjustments and cut banks' reserve requirement ratios and interest rates at "an appropriate time," according to a statement released on Friday.

(Reporting by Beijing News room)

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