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China to maintain flexible, appropriate monetary policy – PBOC 2020 work meeting


China will keep monetary policy prudent, flexible and appropriate, step up counter-cyclical adjustments and maintain reasonably ample liquidity to make sure money supply and credit to grow at a pace appropriate to the economic growth, said the central bank on Sunday after a work meeting chaired by People’s Bank of China (PBOC) Governor Yi Gang.

The expression "flexible and appropriate" for 2020, which is different from the "appropriate, neither too tight nor too loose" last . . .

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