PBOC governor Pan says will continue to implement supportive monetary policy

• Will strengthen communication with markets
• To steadily promote opening up of China’s financial services industry and markets
• Will promote a sustained economic recovery

The headlines noted that he provided an “in-depth explanation” of China’s current monetary policy stance and considerations to the central bank’s framework to said institutions. But from the remarks above, it is just more on the surface stuff as per usual.

This article was written by Justin Low at www.forexlive.com.