China's Monetary Policy Boosts Economic Growth and Stability, Study Finds.
The article discusses how China's Central Bank's monetary policy impacts the country's economic development. The bank uses various tools to boost economic growth, like direct financing for projects and providing loans to banks. China tailors its monetary policy to suit its own economic needs, rather than following global trends. The bank's goals and tools change based on economic conditions, helping to strengthen the economy, stimulate growth, and control inflation. The study shows that monetary policy plays a crucial role in driving economic growth in China.