China Pledges Stronger Monetary Policies to Support Economy

The transcript discusses a central bank's monetary policy report, highlighting its focus on economic growth and job creation amid global coronavirus impacts. The report suggests a more flexible monetary policy, with increased liquidity to support the economy. It also notes concerns about a global recession and the underestimated impact of the virus. China's central bank maintains a normal monetary policy, focusing on credit support for key sectors and controlling financial risks.

What approach is the central bank trying to adopt according to the report?

How has the global economy been affected by the coronavirus shutdowns?

What does the report suggest about the central bank's liquidity policy?

What concerns did the PBOC express regarding the global economy?

What measures is the PBOC considering to support the economy?