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PBOC May Maintain Current Level of Liquidity: Daily

CHINA PRESS
MNI (Sydney)

The PBOC may not release excessive liquidity in the near term as overall liquidity expansion will push up asset prices and serve little use to the real economy, Economic Information Daily reported citing Wang Dan, the chief economist with Heng Seng Bank. Liquidity will remain at the current tight balance for a while, leaving policy room for international uncertainties, Wang Yifeng, the chief analyst of finance with Everbright Securities told the newspaper.

MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com
MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com

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