China’s central bank has newly flagged “structural divergence” in the economy, a shift that analysts said signals a greater likelihood of proactive easing in the second half of the year to cushion downside risks as imported inflation pressures begin to ease.

China’s central bank has newly flagged “structural divergence” in the economy, a shift that analysts said signals a greater likelihood of proactive easing in the second half of…

PBOC pledges ‘moderately loose’ monetary policy given a ‘more complex and volatile’ environment and domestic ‘structural divergence’.