People’s Bank of China (PBOC) Deputy Governor Zou Lan said on Thursday that “China's monetary policy is supportive and relatively loose.”

Further comments

“China's macro leverage ratio has exceeded 300% and is rising.”

“Central bank is focusing more on price-based policy tools.“

“China has sufficient room for monetary policy. “

“Will cut interest rates, reserve requirement ratio (RRR) at appropriate time.”

“Will use variouis policy tools to keep liquidity ample.”

“Will lower comprehensive financing costs.”

Source: Fxstreet