China, Japan, S.Korea central bank deputies discussed US tariffs

April 10, 2025 10:32 PM EDT

FILE PHOTO: \People walk past the headquarters of the People's Bank of China (PBOC), the central bank, in Beijing, China September 28, 2018. REUTERS/Jason Lee/File Photo

BEIJING (Reuters) -China, Japan and South Korea finance and central bank officials met and discussed the impact of U.S. tariffs on the global and regional macroeconomic situation, China's central bank said on Friday.

The People's Bank of China Deputy Governor Xuan Changneng was at the regular ASEAN and China, Japan and South Korea finance and central bank deputies meeting on April 8-9 in Malaysia, according to a statement.

At the meeting, China, Japan and South Korea also exchanged views on the economic situation and regional financial cooperation.

China's central bank will implement a moderately loose monetary policy, support the smooth operation of financial markets, and consolidate the continued recovery of the economy, the statement said.

(Reporting by Yukun Zhang and Liz Lee; Editing by Jacqueline Wong and Stephen Coates)



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