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CORRECTION China central bank says price stability main goal of monetary policy.

Europe Intelligence Wire

| November 24, 2006 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From AFX Europe (Focus))

BEIJING (XFN-ASIA) - Price stability is the ultimate goal of China's monetary policy, according to Wu Xiaoling, vice governor of the People's Bank of China.

Wu, speaking at a China Academy of Social Sciences conference, also confirmed that China's foreign exchange reserves have reached one trln usd.

She …

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