PBOC rules out monetary policy change
By Zhang Ran | China Daily | Updated: 2009-07-25 08:01
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People walk past the central bank headquarters in Beijing. The central bank said it would continue with its proactive fiscal policy in the second half to sustain stable and relatively fast economic growth. CFP |
China's central bank on Friday reiterated that it would continue with its moderately loose monetary policy and regulate credit growth after new lending rose to a record in the first half of the year.
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