Comments by China's central bank
- Will implement guidance on macro-credit policies, financial market innovation
- Will deepen supply-side structural reform of the financial sector
The PBOC just providing a timely reminder that it is still around to tackle risks associated with the shadow banking sector and those posed towards the financial system. The recent rhetoric has been that Chinese authorities are easing up on deleveraging measures to help support the economy but they don't want to make that look too obvious.
