Real Estate, Financials, Automotive Jan 18, 2022 04:09 PM (GMT+8) · EqualOcean
Sun Guofeng, director of the Monetary Policy Department of the central bank, said that recently, the monetary policies of major developed economies have begun to adjust, and the market also has strong expectations for the Fed's interest rate increase and table contraction. China's macro-economy is large and resilient. Since the response to the epidemic, we have adhered to the implementation of normal monetary policies without flood irrigation. Instead, we have done a good job in cross cycle design and maintained reasonable and abundant liquidity, Financial support for the real economy is stable, the autonomy and stability of the financial system are enhanced, and the RMB exchange rate is expected to be stable, which will help mitigate and deal with external risks. Generally speaking, the policy adjustment of developed economies has limited impact on China.