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China will stick to a relatively loose monetary policy in the second half of this year, with an emphasis on flexible implementation.
The People's Bank of China is asking its branches to maintain the continuity and stability of monetary policies, while making them more targeted and flexible. It's also urging a balance between keeping economic growth, adjusting the economic structure and managing inflation expectations.
The bank also says home loan policies should be strictly implemented to ensure the stable and healthy development of the country's real estate market.