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China central bank governor says to control systematic risks
December 7, 2017 / 1:00 PM / 5 days ago

China central bank governor says to control systematic risks

HONG KONG (Reuters) - China central bank governor Zhou Xiaochuan has said keeping prices stable and controlling systematic risks in the financial sector are two core targets for the bank.

FILE PHOTO: China's central bank governor Zhou Xiaochuan speaks during a session on the second day of the 19th National Congress of the Communist Party of China at the Great Hall of the People in Beijing, October 19, 2017. REUTERS/Thomas Peter

The People’s Bank of China would maintain efforts on deleveraging as debt levels in the economy declined, while following a prudent and neutral monetary policy, Zhou Xiaochuan said in an article seen on Thursday.

Reporting by Hong Kong newsroom

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