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PBOC Emphasizes Monetary Control as Economic Outlook Brightens

  • China’s economy ‘healthy,’ market expectation improved: PBOC
  • Economists started questioning if any more stimulus is needed
The People's Bank of China as Central Bank Tweaks Liquidity Tap Again
Photographer: Giulia Marchi/Bloomberg
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China’s central bank shifted its tone on the economy, emphasizing that it will control excessive money supply amid signs of a recovery.