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The Economic Times
The Economic Times
Business
Anupam Nagar

Global Market: China's central bank vows timely policy adjustments, backs panda bond market

China PBOC Monetary Policy Economy

China's central bank has pledged to adjust its monetary policy tools promptly while maintaining an appropriately loose policy stance to support the economy, according to a statement released after a weekend policy meeting, Reuters reported.

The People's Bank of China (PBOC) said it would continue to ensure ample liquidity in the financial system as part of its monetary policy approach for the second half of the year. The commitments were outlined in a readout of a work meeting held on Saturday to chart policy priorities for the remainder of 2026.

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