Fewer bankers think economy cooled in Q2
Xinhua, June 24, 2016 Adjust font size:
The number of Chinese bankers who believed the country's economy was cooling dropped in the second quarter as their confidence rose, according to a central bank survey published on Friday.
The People's Bank of China said the survey showed 57.8 percent of bankers believed the economy was cooling, a fall from 64.8 percent in the first quarter.
The central bank said the bankers' confidence index rose to 43.7 percent, up 5.6 percentages points from the January-March period.
The survey, which involved 3,100 institutions, also showed 74.7 percent of bankers thought that monetary policy was "appropriate" in the second quarter, compared with 69.1 percent in the first quarter. Endi