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2010-01-08 | All chapters

China's central bank to use policy tools to manage inflation, property risks

China's central bank Wednesday said it will manage inflation expectations and keep a close watch on the property market through its credit and money supply policies.

In a statement on its website, the People's Bank of China (PBOC) said it would try to maintain ample liquidity in the financial system, and ask banks to lend more evenly, while strictly implementing credit policies in the property sector.

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http://news.xinhuanet.com/english/2010-01/07/content_12768359.htm

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