PBOC Vice Governor: Central bank has no intent to tighten or relax monetary policy

The People’s Bank of China (PBOC) Vice Governor was reported by Reuters, as saying that China's prudent monetary policy is overall appropriate, neither tight nor loose.

Additional Comments:

Central bank has no intent to tighten or relax monetary policy.

Use of Repos and Medium-term Lending Facilities (MLFs) does not signal loosening bias.