PBOC Dep Gov Pan says China seeks sustainable economic growth

PBOC Dep Gov Pan says China seeks sustainable economic growth

People’s Bank of China Deputy Governor Pan Gonhsheng is mainly addressing bond market issues

  • wants more open, more transparent, more efficient bond market as part of financial market opening up
  • bond market in China has a relatively low default ratio, having some defaults are not a bad thing

Also added the comment on growth 

ForexLive

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