Central bank to support attaining steady credit growth.

By bne IntelliNews December 31, 2012
China's central bank is likely to use various tools to ensure stable credit growth to support the economy, while pursuing financial reform during the times of weakness and volatilities in the global economic outlook. As reported by Reuters News, the People's Bank of China (PBOC) stated that the present inflation situation was relatively steady. The central bank has pledged to push ahead with interest rate and exchange rate reforms in the future, while maintaining the currency basically stable.

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