China’s central bank has once again reaffirmed its commitment to an accomodative monetary policy to ensure stable and fairly fast economic growth.
The bank sees positive signs multiplying, but says it’s hard to be optimistic about exports and private investment remains weak.
The bank says it will deploy a variety of tools to keep money market rates at appropriate levels, reaffirming it will maintain credit and money growth at appropriate levels, but will be strengthening guidance to financial institutions
