China's c.bank to keep policy stable, says property risks under control

The People's Bank of China said it would keep liquidity resonably ample while it also saw risks in the property market generally under control

  
Headquarters of the People's Bank of China (PBOC), the central bank, is pictured in Beijing, China September 28, 2018.

Headquarters of the People's Bank of China (PBOC), the central bank, is pictured in Beijing, China September 28, 2018.

REUTERS/Jason Lee

HONG KONG - China's central bank on Friday said it would keep prudent monetary policy flexible, targeted and based on the country's own conditions.

In its third-quarter monetary policy implementation report, the People's Bank of China said it would keep liquidity resonably ample while it also saw risks in the property market generally under control.

(Reporting by Meg Shen and Twinnie Siu; editing by Philippa Fletcher) ((meg.shen@thomsonreuters.com; 852-39525805;))


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