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China Cost of Financing May Fall as Spending Rises: Journal

CHINA PRESS
MNI (Sydney)

Fiscal spending by the Chinese government' will pick up in September, releasing large amounts of liquidity into the banking system and prompting a fall in financing costs in September, according to the China Securities Journal citing Ming Ming, the chief fix-income analyst with Citic Securities. The PBOC will also inject liquidity to offset the impact of expected large government bond issuances, Ming said.

MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com
MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com

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