China repeats call to resist ‘vaccine nationalism’, pledges to keep monetary support

china repeats call to resist vaccine nationalism pledges to keep monetary support

Sumary of China repeats call to resist ‘vaccine nationalism’, pledges to keep monetary support:

  • Yi Gang, Governor of the People Bank of China, said in a statement delivered to the International Monetary Fund steering committee on Thursday that the pick-up in global growth was “slow and uneven,”.
  • “The international community should work together to resist ‘vaccine nationalism,’ strengthen cooperation and policy coordination to fight against COVID-19, and improve the accessibility and affordability of vaccines in developing countries in a meaningful way,”.
  • China President Xi Jinping had delivered the same message on vaccines in a telephone call with German Chancellor Angela Merkel earlier this week..
  • The central bank chief also gave an assurance that China would continue to provide necessary monetary support to the economy and refrain from abruptly unwinding stimulus measures..
  • “The sound monetary policy will be implemented in a flexible, targeted, reasonable, and appropriate manner,”…

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