Reuters

BEIJING (Reuters) - China will maintain a prudent monetary policy with timely fine-tuning, central bank deputy governor Fan Yifei said on Monday.

 

Monetary policy will be neither too tight nor too loose, Fan said in a news briefing in Beijing.

 

Monetary policy will provide a favorable environment for deleveraging, he added.

 

(Reporting by Beijing Monitoring Desk; Editing by Kim Coghill)