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/MNI OCTOBER LIQUIDITY SURVEY: PBOC Remains...>

CHINA
CHINA: /MNI OCTOBER LIQUIDITY SURVEY: PBOC Remains Generous to Soothe Market
- China's central bank retained an ample liquidity stance this month as stock
and forex markets suffered levels of volatility hardly seen in years.
- The latest MNI China Interbank Liquidity Survey shows the percentage of
traders seeing liquidity conditions as improved rising to 46.7%, up from 44.4%
last month, and no participants said liquidity has been tight, in the second
zero reading for deteriorating conditions this year.
- Traders' economic outlook is still bleak. Of the 15 traders, 13 said current
economic conditions have deteriorated, compared with only one who said that in
the same period last year.
- For full details check email, see Main Wire or get in touch with us.

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