The Governor of the People’s Bank of China (PBOC), Pan Gongsheng, met with a senior executive from Bank of America this week to exchange views on the global economic outlook and developments in financial markets, according to a brief statement released by the central bank.
The meeting, held in Beijing, focused on macroeconomic trends, interest rate policies, and cross-border investment flows, as both sides acknowledged the importance of stable financial cooperation amid global uncertainty.
While the PBOC did not provide detailed specifics, the discussion is seen as part of China’s broader effort to maintain open dialogue with major international financial institutions. Bank of America, one of the largest U.S.-based financial firms, has continued expanding its presence in Asia in recent years, despite geopolitical tensions and market volatility.
Analysts view such engagements as a signal of China’s intention to remain integrated with the global financial system while carefully managing its domestic economic challenges, including sluggish growth and persistent deflationary pressures.
The meeting comes at a time when global investors are closely watching China’s policy signals for clues on stimulus measures and monetary easing, especially after recent mixed economic data.
Bank of America has not yet issued a separate statement regarding the meeting.
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