PBoC Governor Pan says China’s economy continues to gain momentum, inflation bottoming out

PBoC Governor Pan says

  • China’s economy continues to gain momentum

  • CPI is gradually bottoming out in china
  • CPI November drop
    due to food prices, especially the fall in pork
  • China should focus
    on forming new growth drivers
  • High quality,
    sustainable growth in China more important
  • Confident China will
    enjoy sustainable growth in 2024
  • Will continue to keep monetary policy accommodative
  • Will make it easier for foreign financial institutions to do business in China 

PBoC Governor Pan Gongsheng
PBoC Governor Pan Gongsheng

This article was written by Eamonn Sheridan at www.forexlive.com. Source