China's central bank to use 'precise, forceful' policy to bolster recovery
BEIJING (Reuters) -China's central bank said on Wednesday it would step up policy adjustments and implement monetary policy in a "precise and forceful" manner to support an economy whose recovery was improving with "increasing momentum". The People's Bank of China (PBOC) will keep liquidity reasonably ample and maintain stable credit expansion, the bank said in a statement after a quarterly meeting of its monetary policy committee. "The current external environment is becoming more complex and severe, international economic trade and investment are slowing ...