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China Seen Maintaining Stable Money Policies: Newspaper

CHINA PRESS
MNI (Beijing)

China is likely to keep its monetary policies steady to support the real economy, refrain from excess stimulus and stabilize the macro leverage, reported PBOC-owned Financial News citing Dong Ximiao, the chief analyst with Merchants Union Consumer Finance, who commented on the central bank's Q1 monetary report. Financial regulators should step up policy supports to small and medium-sized banks including helping to replenish bank capital and recruiting qualified investors to dissolve risks, Dong was cited as saying.

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