Asian Economic News

PBoC To Continue Implementing Prudent Monetary Policy

The People's Bank of China said it will continue to implement the proactive fiscal policy and prudent monetary policy.

The PBoC will vigorously promote financial reforms and improve macro-prudential policy framework, the bank said in its 2016 Financial Stability Report on Monday.

China's credit risk is under control, the bank added.

by RTTNews Staff Writer

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