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    26.02.2016 10:14 People's Bank of China Governor Zhou Xiaochuan: the central bank had enough tools to address the downside risks

    The People's Bank of China (PBoC) Governor Zhou Xiaochuan said on Friday that the central bank had enough tools to address the downside risks.

     

    "China still has monetary policy space and tools to avert downside risks," he said.

     

    Zhou noted that the economic growth remained strong.

     

    He pointed out that there is no basis for further depreciation of the yuan.


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