Policy makers plan to encourage a “reasonable” increase in household savings and incomes, Yi wrote in an article published Saturday in the central bank’s biweekly magazine China Finance.
Updated on Oct 11, 2020 12:50 PM IST
By Bloomberg | Posted by Prashasti Singh
China’s central bank, the People’s Bank of China (PBOC), has also pumped in billions in new notes in the worst-hit central Chinese province of Hubei for the safety of citizens and bank staff dealing with cash.
Updated on Feb 16, 2020 01:44 AM IST
Hindustan Times, Beijing | By Sutirtho Patranobis