China’s central bankers on Sunday allowed some public and direct insight into their thinking. A top official of the People’s Bank of China delivered remarks to those who had been attending a joint meeting of the International Monetary Fund and World Bank in Tokyo.
The deputy governor of the People’s Bank of China, Yi Gang, says the priority for monetary authorities in Beijing is on stable prices and they want to pursue a sustainable path of economic development.
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China Central Bank Says Priority is Keeping Prices Stable