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China to maintain prudent monetary policy: central bank
Source: Xinhua |
May 14, 2016, Saturday
|
Online Edition
Online Edition
CHINA will continue a prudent monetary policy, the country's central bank said on Saturday.
A combination of flexible tools will be used to ensure liquidity stays at a reasonably abundant level, the People's Bank of China (PBOC) said in a statement.
Credit growth and growth in private investment are currently stable, liquidity is abundant and interest rates are stable, said the statement.
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