China’s Central Bank: Out Of Yhe Blue The Truth?

China’s Central Bank: Out Of Yhe Blue The Truth? The governor of the People’s Bank of China, Pan Gongsheng, delivered a frank speech about the Chinese economic situation, admitting the presence of future difficulties in the financial sector and the need for a more proactive approach from Beijing. This has fueled speculation about a possible tailored quantitative easing (QE) for the Chinese circumstances. The frank speech of the governor of the People’s Bank of China and the economic challenges in China During a period of significant uncertainty about the Chinese economy Governor Pan Gongsheng delivered an extraordinarily frank speech Pan emphasized the need to give China the necessary space to complete its economic transition.