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China's banks will have to..............>

CHINA PRESS
CHINA PRESS: China's banks will have to significantly reduce outstanding high
yield structural deposits by the end of this year under new requirements from
the banking regulator, according to an unnamed source cited by the Shanghai
Securities News. The move aims to prevent companies from conducting carry
trades, the newspaper said. There were signs that firms are borrowing at cheap
prices, thanks to ample liquidity, and depositing the borrowed money for
guaranteed higher yields rather than investing in the real economy as the
central government hoped. 

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