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The People's Bank of China must take....>

CHINA PRESS
CHINA PRESS: The People's Bank of China must take careful control of financial
regulation and implement monetary and macro-prudential policy more creatively,
according to Guo Shuqing, party secretary of the central bank. In a statement on
the PBOC website, Guo said the central bank should maintain normal monetary
policy while increasing counter-cyclical adjustment. At the same time, the PBOC
should stabilize growth and employment while preventing risks and restructuring
the economy, Guo said. 

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