PBOC says difficulties in maintaining stable economic operation is increasing, stresses policy stability

2021-11-21 2022-07-25

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China's central bank said it would keep its prudent monetary policy flexible and targeted and strike a balance between economic growth and risk preventions, according to the third-quarter monetary policy report released by the People's Bank of China (PBOC).

Chinese economic recovery is facing some temporary, structural and cyclical constraints and meanwhile difficulties in maintaining stable economic operation is increasing, said the central bank.

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