Central hand stitch sewing machine bank to fine-tune credit policy
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Central bank to fine-tune credit policyPublished: 05 Aug 2009 11:02:01 PST

China’s central bank reaffirmed yesterday it will stick to its moderately flexible monetary policy to ensure stable and fairly fast economic growth.

In its monetary policy report for the second quarter, the People’s Bank of China (PBC) said it would use market tools to guide appropriate lending growth during the second half.

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