A Chinese central bank official called on Sunday for stepped up global policy co...
FILE PHOTO: Governor of People's Bank of China Yi Gang attends a news conference on China's economic development ahead of the 70th anniversary of its founding, in Beijing, China September 24, 2019. REUTERS/Florence Lo
Chen Yulu, a deputy governor at the People’s Bank of China , also told a news conference that PBOC Governor Yi Gang had exchanged views with U.S. Federal Reserve Chairman Jerome Powell, the International Monetary Fund and other agencies. Chen said that while downward pressure on the global economy is increasing, he said he expects significant improvement in the Chinese economy in the second quarter.
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