China's Central Bank to Continue Supportive Monetary Policy

Forex - The Governor of the People's Bank of China, Pan Gongsheng, stated that China will continue to implement a supportive monetary policy to assist in sustainable economic recovery. According to a statement from the People's Bank of China, Pan mentioned during a meeting with executives from foreign financial institutions that China would encourage the opening of its financial services sector and financial markets, as well as strengthen communication with the markets. The statement also indicated that sustainable economic recovery would be promoted.