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China central bank: will not resort to flood-like stimulus
CHINA CENTRAL BANK: WILL NOT RESORT TO FLOOD-LIKE STIMULUS
— Breaking Market News (@breakingmkts) May 9, 2022
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China Central Bank 1Q Monetary Policy Implementation Report: Pandemic and Ukraine crisis have led to increased risks and challenges. Complexity, severity, and uncertainty of China's economic development environment have increased.#Chinahttps://t.co/0bph28cf28
— CN Wire (@Sino_Market) May 9, 2022
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PBoC: Still many strategic favorable conditions for China's development. Fundamentals of long-term improvement have not changed.#China $CNY
— CN Wire (@Sino_Market) May 9, 2022
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PBoC: Will continue to do a good job of cross-cycle adjustments and avoid 'flooding economy' with stimulus. Will make good use of various monetary policy tools to maintain reasonable and sufficient liquidity.#China $CNY
— CN Wire (@Sino_Market) May 9, 2022
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PBoC: Closely monitoring changes in price trends, supporting production and supply of food and energy, and maintaining overall price stability.#China $CNY
— CN Wire (@Sino_Market) May 9, 2022