People’s Bank of China (PBOC) Governor, Yi Gang, who is soon expected to step down from the position, has flagged some crucial concerns and also offered advice in a recent article for the Journal of Economic Research.
China has been tackling a sharp decline in prices with factories getting less for their products from key overseas markets. The producer price index (PPI) for May reduced by 4.6 per cent, witnessing a decline for an eighth consecutive month, Gulf Today reported citing the National Bureau of