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China’s Central Bank Consults European Peers on Low-Rate Strategies

PBOC seeks insight from ECB and others as economic slowdown deepens

04 July 2025 · 11:59 UTC

China’s central bank has sought guidance from major European lenders, including the European Central Bank, on managing extended periods of low interest rates as it grapples with sluggish economic growth.

The People's Bank of China is reportedly studying how European counterparts have navigated long-term monetary easing without triggering financial instability.

The move signals Beijing’s deepening concern over deflationary pressures and structural imbalances in the Chinese economy.