China C.bank Head Says Country Must Prevent Fiscal Deficit...
Revision as of 22:36, 30 December 2020 by LanoraWetter27 (talk | contribs) (Created page with "<br>BEIJING, Nov 30 (Reuters) - China must prevent fiscal deficit monetisation and should build a "firewall" between fiscal and central bank funds, the governor of the People'...")
BEIJING, Nov 30 (Reuters) - China must prevent fiscal deficit monetisation and should build a "firewall" between fiscal and central bank funds, the governor of the People's Bank of China was cited as saying by the official Shanghai Securities News on Monday.
Yi Gang, commenting on China's 14th Five-Year Plan, also said the central bank would steadily push forward research and bắc kinh development of digital currency and gradually include key financial activities, du lịch bắc kinh institutions, markets and infrastructure in macroprudential management, according to the report.
(Reporting by Kevin Yao; writing by Tom Daly; Editing by Toby Chopra)