China continues its tightening policy

Note: This section contains information in English only.
Source: China.oorg.cn
The People's Bank of China announced continuation of its prudent monetary policy aimed at slowing down exorbitant GDP growth and decreasing inflation rate. GDP in Q3 grew only by 9.1% as compared to more than 10% in previous years. CPI also went up only by 5.5% being the lowest since May. At the same the bank is ready to fine tune its monetary policy if needed.
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