China has established comparative complete legal system in anti-money laundering and terrorist financing in line with the fundamental principle of “ruling by law”  Article 120(I) and Article 190 of the current Criminal Law in China defined terrorist financing and money-laundering crime as criminal acts. Money-laundering crime in China has its special features.
While price stability remains the primary focus of monetary policy, the Bank has indicated that this objective will be pursued in a manner so that economic growth outcomes are not unduly undermined. As we explained in the July MPC statement, monetary policy is on a “gradual normalisation path”, which will be highly data-dependent.