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A commentary piece in the Eco Info Daily......>

CHINA
CHINA: A commentary piece in the Eco Info Daily notes that China may cut its RRR
in late June/early July, per BBG.
- China may also cut its benchmark deposit rate in Q3, per the same piece.
- Liquidity worries have been evident in Chinese markets over the last couple of
sessions, on the back of only a partial roll in maturing MLF ops and ahead of
Thursday's special bond issuance.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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