News Snapshot:
PBOC vice-governor: China will provide necessary support for economic recovery 25 PM MYT People walk on a pedestrian overpass in Beijing October 29, 2020. — AFP pic BEIJING, Jan 15 — China’s monetary policy will provide necessary support for the country’s economic recovery in 2021, a vice governor at the People’s Bank of China (PBOC) said today. Backed by tough coronavirus containment measures and emergency relief for businesses, the world’s second-largest economy has basically recovered to pre-pandemic levels, but a resurgence of infections worldwide and in parts of China itself is keeping policymakers cautious. China’s prudent monetary policy will be...
