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China to maintain prudent monetary policy: central bank

Xinhua, May 14, 2016 Adjust font size:

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. Endi