Stable, steady Chinese economy

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China should keep its monetary policy stable and neutral, said Yi Gang, deputy governor of the People’s Bank of China (PBOC). In the meantime, “we expect China to continue to set its GDP growth target at about 6.5 percent for 2017 and the world’s second largest economy could grow 6.6 percent this year,” Ding Shuang, chief Greater China economist with Standard Chartered, told Xinhua in a recent interview.

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