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

Reuters

Published Apr 28, 2020 06:14AM ET

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.