China will provide necessary support for economic recovery – PBOC vice gov

China will provide necessary support for economic recovery – PBOC vice gov

China will provide necessary support for economic recovery - PBOC vice gov China's prudent monetary policy will be more flexible, targeted and appropriate this year    A woman walks past the headquarters of the People's Bank of China (PBOC), the central bank, in Beijing, China September 28, 2018.BEIJING,- China's monetary policy will provide necessary support for the country's economic recovery in 2021, Chen Yulu, a vice governor at the People's Bank of China (PBOC), said on Friday.China's prudent monetary policy will be more flexible, targeted and appropriate this year, and the central bank will prioritise policy stability and avoid making no sudden shift, Chen said at a news conference.(Reporting by Kevin Yao and Stella Qiu; Editing by Christian Schmollinger) (([email protected]; +8610 5669 2128;))Zawya CoveragecryptocurrencyGoldman Sachs plans to invest in crypto assets - reportbondsSaudi's National Commercial Bank eyes dollar sukukeconomySaudi inflation to remain high until first half of 2021 - Capital Economicsmorning briefingSunday Outlook: Data, lockdowns weigh on stocks and oilaviationSharjah's budget airline Air Arabia to resume flights to DohaMoreReuters Coveragesocial mediaSignal back up after outagemarketsMideast Stocks - Factors to watch on January 17politicsKremlin critic Alexei Navalny due to fly back to Russia despite arrest threatpalestinian territoriesDistrust, division and doubt cloud Palestinian