In line with the decisions made by the State Council, the People’s Bank of China has consistently improved financial management and applied various monetary policy instruments to adjust the monetary and credit aggregates and their structures, so as to prevent inflation and ups and downs of the economy.
BIS central bankers’ speeches  1  very important. They are the heavy goods vehicles – or even the super trucks – of the banking world; their size means that any accident they are involved in can cause gridlock on the roads.