AJMAN/WAM H.H. Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of ...
Read More »PBOC vows no ‘strong’ stimulus, says won’t use yuan in trade war
Bloomberg China’s central bank said it won’t use the yuan as a tool to cope with trade tensions and other external issues, and that it won’t conduct any “strong†economic stimulus. The People’s Bank of China (PBOC) won’t implement stimulus in “flood-irrigation†style, according to the quarterly monetary policy report released in Beijing. Prudent monetary policy should maintain neutrality and ...
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