China central bank will back growth and watch debt risks, says governor

© Reuters. Headquarters of the PBOC, the central bank, is pictured in Beijing

(Reuters) – China’s monetary policy will continue to support economic growth and the central bank will watch debt and non-performing loan risks, central bank governor Yi Gang said on Tuesday.

Speaking at a virtual meeting of the World Economic Forum, Yi said China’s macro policies will focus on maximising employment, and China’s exports will continue to be pretty good this year.

Source: Investing.com