BEIJING (Reuters) – China’s central bank said on Thursday it was confident and capable of maintaining reasonable growth in money supply and credit, and the Chinese economy remained resilient despite short-term downward pressures.
Authorities will keep liquidity reasonably ample and steadily lower corporate financing costs, Yi Gang, Governor at the People’s Bank of China (PBOC)，told an internal meeting.
(Reporting by Kevin Yao and Stella Qiu; Editing by Mark Potter)
