{"id":31744,"date":"2020-07-22T13:14:39","date_gmt":"2020-07-22T09:14:39","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=31744"},"modified":"2020-07-22T13:29:45","modified_gmt":"2020-07-22T09:29:45","slug":"chinas-economy-recovers-pboc-pausing-stimulus","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/chinas-economy-recovers-pboc-pausing-stimulus\/07\/22\/market-updates\/","title":{"rendered":"China\u2019s Economy Recovers, PBOC Pausing Stimulus"},"content":{"rendered":"\n<p><\/p>\n\n\n\n<p>As the world\u2019s second-largest economy rebounds, People\u2019s Bank of China (PBOC) is pausing its monetary policy easing, Reuters reported, citing four sources on the matter.<\/p>\n\n\n\n<p>The report says that the PBOC doesn\u2019t see the need to ease further amid the economic recovery. Earlier this year, China\u2019s central bank took extensive emergency measures to control the damages caused by COVID-19 crisis.<\/p>\n\n\n\n<p>One of the sources told Reuters that they should keep monetary policy stable in the near term and leave some space for the future.<\/p>\n\n\n\n<p>The central bank wants to keep conditions accommodative to support a recovery in the world&#8217;s second-largest economy<\/p>\n\n\n\n<p>PBOC also wants to avoid the side-effects caused by an excessive stimulus, such as a surge in debt and risks of bubbles in the property market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As the world\u2019s second-largest economy rebounds, People\u2019s Bank of China (PBOC) is pausing its monetary policy easing, Reuters reported, citing four sources on the matter. The report says that the PBOC doesn\u2019t see the need to ease further amid the economic recovery. Earlier this year, China\u2019s central bank took extensive emergency measures to control the &hellip;<\/p>\n","protected":false},"author":9,"featured_media":31476,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36],"tags":[7037],"class_list":["post-31744","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-pboc"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/31744","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=31744"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/31744\/revisions"}],"predecessor-version":[{"id":31745,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/31744\/revisions\/31745"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/31476"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=31744"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=31744"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=31744"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}