China’s central bank is set to overhaul its monetary policy, citing growing pressure on the economy, according to sources. The move aims to stabilize growth and address concerns about inflation and debt levels. Details of the planned changes are still scarce, but experts expect a shift towards more targeted interventions to support specific sectors. As the world’s second-largest economy faces challenges, China is keen to maintain stability and promote sustainable growth.
Source: https://www.ft.com/content/794577b2-6bdd-4a03-bfab-19463543048a