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Business / Markets

China to maintain prudent monetary policy: central bank

(Xinhua) Updated: 2016-05-14 13:38

BEIJING - 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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