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It is still possible for the central....>

CHINA PRESS
MNI (London)
CHINA PRESS: It is still possible for the central bank to cut the Reserve
Requirement Ratio (RRR) in the next three to six months, as the authorities aim
to drain short-term liquidity but inject long-term liquidity, said China
Securities Journal citing Hu Yuexiao, chief macroeconomic analyst at Shanghai
Securities.
- Hu also pointed out that the current 8% y/y growth of M2 is at the bottom of
the range that policymakers would allow, so the money supply could rebound going
forward to help stabilize economic growth and prevent risks, the newspaper said.
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

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