Central Bank Governors and Peoples Bank of China

Peoples Bank of China: Lou made the comments at a meeting of finance ministers and central bank governors from the G20 countries in Australia, according to a statement from the Peoples Bank of China, Chinas central bank, according to Euro News. Economists dialled back their growth forecasts last week after data showed factory output grew at its weakest pace in nearly six years in August and Reuters China will not dramatically alter its economic policy because of any one economic indicator, Finance Minister Lou Jiwei said on Sunday, in remarks that came days after many economists lowered growth forecasts having seen the latest set of weak data. China will not make major policy adjustments due to a change in any one economic indicator, he said. (news.financializer.com). As reported in the news.

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