PBOC: Will use various monetary policy tools flexibly to maintain appropriate liquidity

Headlines crossing the wires via Reuters from the Chinese central bank, PBOC, are as follows:

To maintain prudent monetary policy, neither too tight nor too loose

Will use various monetary policy tools flexibly to maintain appropriate liquidity

Will achieve reasonable growth in credit and social financing

To keep Yuan basically stable

To continue with interest rate, exchange rate reform

There are increasing potential risks in global financial markets

Raise ratio of direct financing, lower social financing costs

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