PBOC reaffirms easy monetary policy

Affirmation from the Central Bank, following decisions made at the just-ended Central Economic Work Conference, the People's Bank of China says it will stick to months of moderately easy monetary policy, while also working to improve focus and flexibility.

The central bank has added it's ready to control growth in money supply and credit, to ensure that loans go towards developing industries, as well as supporting employment, and the real economy.