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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.

By: financialpost.com

Apr 19 2024
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PBOC Governor Downplays Yuan, Deflation Risks After GDP Surprise

(Bloomberg) — 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. Read More

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