HONG KONG (Reuters) – People’s Bank of China (PBOC) Governor Pan Gongsheng said on Tuesday the central bank would keep monetary policy accommodative, while inflation was expected to be ‘going upwards’.
He also told the HKMA-BIS High-Level Conference in Hong Kong on Tuesday that there were green shoots emerging in China’s Purchasing Manager’s Index (PMI), which gauges business activity levels.
(Reporting by Xie Yu and Selena Li in Hong Kong; writing by Scott Murdoch; Editing by Kim Coghill)
