US EditionChina central bank adviser proposes structural reforms to revive economy
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China central bank adviser proposes structural reforms to revive economy
SHANGHAI (Reuters) – China has limited room for further monetary policy easing, and it should pursue structural reforms such as encouraging entrepreneurs rather than counting on macroeconomic policies to revive growth, a central bank adviser said on Sunday. Liu Shijin, a member of the People’s Bank of China’s (PBOC) monetary policy committee, told a financial forum in Shanghai that Beijing’s room for monetary policy easing was limited by widenin…
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