4 Jul 2019
PBOC Adviser Ma: US-China trade truce should rule out any need for major new stimulus
In an interview with Bloomberg earlier today, the Chinese central bank, the People’s Bank of China (PBOC) Adviser Ma Jun noted that “the policy makers won't need to introduce any new massive stimulus measures to reach China's goals of achieving at least 6% gross domestic product growth and keeping the jobless rate below 5.5% in 2019.”
Meanwhile, MNI’s Barton offers more on Ma’s interview.
