Policymakers wary of external shocks

Sharp fall in stock prices due largely to 'investors' emotions', says central bank chief

China is preparing comprehensive monetary policy tools to maintain reasonable and stable liquidity, as policymakers keep a close eye on external shocks, central bank governor Yi Gang said on Tuesday.

"We will keep the proper strength and pace for structural deleveraging and facilitate stable and healthy economic growth, avoiding systemic financial risks," Yi said in an interview with Shanghai Securities News.