China Introduces Monetary Policy Reforms Since Late July, More Measures Expected

According to Shanghai Securities News, China has unveiled a series of monetary policy reforms since late July, including the launch of DR-based reference rate loans and enhanced disclosure of comprehensive financing costs in personal lending businesses. Financial analysts believe that China's monetary policy toolbox remains well-stocked, with various instruments poised to work in coordination to strengthen counter-cyclical regulation. Additional policy measures are expected to be rolled out in a timely manner.
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