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    China won't adopt deficit monetization or negative interest rates
    
      
    
      
    
        
          
          chinadaily.com.cn |
          Updated: 2020-06-18 11:49
        
        
          
          
          
          
        

      
    


      
    
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   A cashier counts renminbi notes in a bank in Haian, Jiangsu province. [Photo/Sipa] 
 
     

     

    China cherishes the conventional monetary and fiscal policies and will not adopt deficit monetization or negative interest rate policies, said Guo Shuqing, chairman of the China Banking and Insurance Regulatory Commission in Shanghai on Thursday.
     

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