April 28, 2020 / 10:26 AM / 2 months ago

Nearly half of bankers in central bank survey say China monetary policy loose in first quarter

FILE PHOTO: The Chinese national flag flies at half-mast at the headquarters of the People's Bank of China, the central bank (PBOC), as China holds a national mourning for those who died of the coronavirus disease (COVID-19), on the Qingming tomb-sweeping festival in Beijing, China April 4, 2020. REUTERS/Carlos Garcia Rawlins

BEIJING (Reuters) - Nearly half of bankers in a Chinese central bank survey said that monetary policy for the January-March quarter was loose, according to results published by the People’s Bank of China (PBOC) on Tuesday.

Results showed 47.3% of the respondents considered monetary policy to be loose in the first quarter, compared with just 15% in the previous survey published in December.

Another survey by the PBOC showed that 23% of households believe housing prices will rise, dropping from 26.5% of households in previous survey.

Reporting by Judy Hua, Roxanne Liu, Lusha Zhang and Kevin Yao; Editing by Louise Heavens

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below