China central bank adviser proposes structural reforms to revive economy

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Published Sep 24, 2023 05:50AM ET Updated Sep 24, 2023 05:55AM ET 2/2 © Reuters. FILE PHOTO: Paramilitary police officers stand guard in front of the headquarters of the People's Bank of China, the central bank (PBOC), in Beijing, China September 30, 2022. REUTERS/Tingshu Wang/File Photo 2/2 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...