China PBoC Q3 Monetary Policy Implemenation Report: Reiterates to continue prudent monetary policy - - CPI y/y growth likely to increase in Q4, as upwards pressure on prices still exists. >- Reiterates to use various policy tools to guide reasonable growth in credit and social financing. - Economy may see long term deleveraging prices. - Foundation for stable prices is not solid. - Property and local govt debt are outstanding problems. - Will effectively prevent systemic risks and promote steady economic growth. - Economy still faces risks and challenges - Price situation basically stable but needs close watching