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REPEAT: MNI EXCLUSIVE: PBOC May Slow Easing...>

CHINA
CHINA: REPEAT: MNI EXCLUSIVE: PBOC May Slow Easing As Fiscal Stimulus Kicks In
- The People's Bank of China is likely to slow its pace of easing, pushing back
any further cuts in banks' reserve requirement ratios, thanks to
better-than-expected first quarter growth data and as fiscal stimulus supports
the economy in the second quarter, government advisors told MNI.
- While advisors questioned whether the first quarter's GDP growth rate of 6.4%
was sustainable, they said it should postpone further PBOC action for now,
particularly as fiscal policy moves begin to be felt.
- For full story see MNI Main Wire at 10:59 BST 04/18, or contact
sales@marketnews.com for access.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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