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China's monetary policy may face tightening pressure from Q4 when its core CPI could possibly rebound to a relatively high level and the Federal Reserve gradually scales back QE, the 21st Century Business Herald reported citing Ming Ming, deputy director of CITIC Securities Research Institute. Rising overseas inflation may have a limited impact on domestic prices and the declining pork prices have slowed food prices, the newspaper said citing analysts. Currently, overseas inflation is not enough to exert greater pressure on domestic monetary policy as the Chinese yuan remain strong and the China-U.S. interest spread is relatively large, the newspaper cited Ming as saying.