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China's monetary policy and fiscal......>

CHINA PRESS
CHINA PRESS: China's monetary policy and fiscal policy require further
counter-cycle adjustment as a continued response to a slowing economy, according
to former PBOC adviser Ming Ming. In a report published on Monday, Ming cited
high debt ratios among private SMEs' as a factor in dampening the credit
appetite of banks. Ming said that price-based monetary policy, including
targeted interest rate cuts would help support private companies with high
asset-liability ratios.

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