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China signals focus shift to policy delivery as PBOC drops stimulus language

China signals focus shift to policy delivery as PBOC drops stimulus language
Key Points

China’s central bank’s decision to drop a reference to additional policy measures from its latest quarterly report suggests Beijing’s focus is shifting towards implementing existing support measures, with analysts pointing to December’s annual policy-setting meeting as the next window for fresh stimulus. In its third-quarter monetary policy implementation report released on Wednesday, the People’s Bank of China (PBOC) removed a pledge included in its previous quarterly report to “timely plan...

China’s central bank’s decision to drop a reference to additional policy measures from its latest quarterly report suggests Beijing’s focus is shifting towards implementing existing support measures, with analysts pointing to December’s annual policy-setting meeting as the next window for fresh stimulus. In its third-quarter monetary policy implementation report released on Wednesday, the People’s Bank of China (PBOC) removed a pledge included in its previous quarterly report to “timely plan and...
China (LOCATION) Beijing (LOCATION) the People’s Bank of China (PBOC (ORG)
Originally published by South China Morning Post Read original →