Business & Finance
China central bank says taming inflation still a priority
BEIJING : China's central bank on Monday said that it will maintain a prudent monetary policy and that price pressures w
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BEIJING: China's central bank on Monday said that it will maintain a prudent monetary policy and that price pressures would be in danger of escalating if it relaxed its policy.
In a statement published on its website, the People's Bank of China said domestic inflation expectations remained strong and that fighting price pressures was still a policy priority.
Copyright Reuters, 2011
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