China central bank tells govt it’ll never walk alone

In a burst of patriotism, China's central bank swore loyalty to the country's Communist leaders on Monday by vowing to "always walk with the Party".
Whereas most central banks around the world try to assert their independence from the government and politicians, China's central bank has exercised no policy autonomy.
The nationalistic ardour from the People's Bank of China is the latest pledge of support for the ruling Communist Party ahead of the 90th anniversary of its founding on Friday.
"The central bank marked in Beijing today the 90th anniversary of the founding of the Communist Party with celebrations around the theme of 'always walking with the Party'," the central bank said in a statement on its website.
"We sang about the good of the Party; the good of socialism; the good of reforms, and the good of the great motherland," it added.
The Party's birthday has been marked by an orgy of propaganda in state media, featuring smiling cadres singing nationalistic songs and television programmes and movies lauding the glories of Communism.