March 9, 2018
BEIJING (Reuters) – China’s economy will rely less on quantitative stimulus in future, its central bank governor said on Friday.A slowdown in the growth of the money supply may not necessarily lead to liquidity constraints, Zhou Xiaochuan, governor of the People’s Bank of China, said on the sidelines of the annual parliament session.
(Reporting by Kevin Yao, Se Young Lee and Yawen Chen; Editing by Kim Coghill)