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China’s central bank pledges steady policy to support growth, stabilize the yuan, and boost demand without rate cuts or reserve cuts.
China's central bank said it will maintain ample liquidity to support economic growth and inflation targets, emphasizing steady policy to lower financing costs and stabilize the yuan.
It will strengthen policy rates, improve interest rate transmission, and use structural tools to boost domestic demand, innovation, and SMEs.
Despite weak economic data, no rate cuts or reserve requirement reductions were announced, signaling a cautious, flexible approach focused on long-term stability over aggressive stimulus.
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El banco central de China promete una política constante para apoyar el crecimiento, estabilizar el yuan e impulsar la demanda sin recortes en las tasas o recortes de reservas.