Money - International
China will maintain prudent monetary policy amid coronavirus epidemic
Headquarters of the Peopleu00e2u20acu2122s Bank of China (PBOC), the central bank, is pictured in Beijing, China, September 28, 2018. u00e2u20acu201d Reuters pic

BEIJING, Feb 15 — China will maintain its prudent monetary policy, vice governor of the central bank said today, at a time the economy has been hit by a coronaviurs outbreak.

Fan Yifei, vice governor at the People’s Bank of China, told a press briefing that consumer prices were unlikely to rise sharply.

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He added that non-performing loan ratio remained relatively low in China and he saw space to deal with bad loan problems. — Reuters

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