China maintains but fine tunes the economic policy

© Scanpix/AP

China's Politburo agreed to maintain the current monetary policy but announced it would fine-tune the policy in response to economic environment's changes if needed. The policies will stay unchanged but in case of necessity the government t is ready to make them more flexible, focused and proactive, according to the report of the Politburo. The report followed the news about falling inflation rate in the country and cooler economic activity caused by tightening policy and global recession.