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Nearly half of bankers in central bank survey say China monetary policy loose in Q1 - Metro US

Nearly half of bankers in central bank survey say China monetary policy loose in Q1

FILE PHOTO: Man wearing a mask walks past the headquarters of the People's Bank of China, the central bank, in Beijing

BEIJING (Reuters) – Nearly half of bankers in a Chinese central bank survey said that monetary policy for the January-March quarter was loose, according to results published by the People’s Bank of China (PBOC) on Tuesday.

Results showed 47.3% of the respondents considered monetary policy to be loose in the first quarter, compared with just 15% in the previous survey published in December.

Another survey by the PBOC showed that 23% of households believe housing prices will rise, dropping from 26.5% of households in previous survey.

(Reporting by Judy Hua, Roxanne Liu, Lusha Zhang and Kevin Yao; Editing by Louise Heavens)

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