PBOC says will keep liquidity reasonably ample

<ul><li>To also keep credit growth reasonable</li></ul><p>These are token remarks but it looks to be one to tee up deposit rate cuts by major state-owned banks in China as reported earlier <a href="https://www.forexlive.com/news/large-chinese-banks-reportedly-to-cut-deposit-rates-on-friday-20231221/" target="_blank" rel="follow">here</a>.</p>

This article was written by Justin Low at www.forexlive.com.