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PBOC Governor Downplays Yuan, Deflation Risks After GDP Surprise

China’s central bank governor Pan Gongsheng downplayed risks from deflation and a weakening yuan and stressed that his econony’s strong start to 2024 put the official 5% growth target within reach.

Kgaogelo MatshwiKgaogelo Matshwi
Apr 19, 2024 - 21:55
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PBOC Governor Downplays Yuan, Deflation Risks After GDP Surprise
China’s central bank governor Pan Gongsheng downplayed risks from deflation and a weakening yuan and stressed that his econony’s strong start to 2024 put the official 5% growth target within reach.
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