China's credit policy will be improved to address regional differences in the property...

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Mar 9, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Pan Gongsheng, deputy governor of the People's Bank of China (PBOC), crossed the wires last minutes via China Securities Journal, commenting on China’s credit policy.

    Key Quotes:

    The overall aim of China's credit policy is to suit measures to local conditions against a backdrop of overall excessive supply although there are differences in regional property market conditions

    For the next step, the central bank will improve its policy to address these regional differences in the property market
    For more information, read our latest forex news.

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