China's Central Bank Reiterates Monetary Policy

By The Beijing News
Published: 2009-07-31
China's central bank released an announcement on Wednesday evening, pledging it would continue to stick to a "moderately loose" monetary policy. Concerns about future inflation and bubbles in the stock market and real estate have led to reports that the central bank may soon start to adjust monetary policy, this is the third time in the past six days, that the central bank has assured the public that it has no intention of altering monetary policy.

The Beijing News
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