PBOC: China to continue moderately easy monetary policy
From: China Daily
The People s Bank of China (PBOC), or the central bank, announced Friday it would continue the moderately easy monetary policy and make it better-targeted and more flexible in the coming months of this year.
The announcement came in the PBOC s report on China's financial stability, which was released on the PBOC s website.
The PBOC said in the next stage it need to skillfully handle the relationship between maintaining steady and rapid economic development, restructuring the economy and managing inflation expectations.
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