China Calls for Controlled ‘Tweaks’ to Current Monetary Policy

China’s government said monetary policy should stay prudent and neutral, and officials should "properly control the intensity" when fine-tuning current policies.

The economic and financial situation and external environment should be fully considered when adjusting monetary policy, and tweaks to that should be well controlled, according to a statement posted on the State Council’s website Monday. The statement summarized a meeting of the Financial Stability Development Committee led by Vice-Premier Liu He, held Friday.