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China Seen Keeping Prudent Monetary Policy in 2021: Daily

CHINA PRESS

China's top decisionmakers have indicated a preference for prudent monetary policies this year while still supporting the recovery, the Securities Daily said in a commentary. China is likely to continue implementing pandemic relief policy tools such as debt deferment and credit loans for micro and small businesses, the newspaper wrote. The PBOC is likely to provide liquidity in accordance with the size and needs of different financial institutions and avoid any excessive injections, the commentary said.

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