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Chinas central bank signals steady, cautious support for growth

The Peoples Bank of China vowed to guide borrowing costs to continue hovering at a low level, according to a Wednesday statement following its fourth-quarter monetary policy committee meeting. The bank repeated a pledge to step up cross-cyclical policies, a phrase suggesting it aims to look beyond short-term volatility and avoid excessive stimulus that could create structural imbalances.

25 Dec 2025 7:49 am