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China has room to ease monetary policy, but cannot be squandered - central bank official

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By Reuters

BEIJING (Reuters) – China still has room to ease its monetary policy, but the policy room cannot be easily squandered, a central bank official said on Friday.

Zhang Xuechun, the deputy director of the research bureau at the People’s Bank of China, made the comments at an event in Beijing.

(Reporting by Cheng Leng and Kevin Yao; Editing by Himani Sarkar)