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The liquidity condition in the..........>

CHINA PRESS: The liquidity condition in the financial markets at the end of
October is expected to remain neutral, the China Securities Journal reported
Thursday. The People's Bank of China did not inject liquidity into the market
via its open market operations on Wednesday after six straight trading days of
net injection. With the central bank's support, money supply and demand in the
interbank market has been stable. Liquidity at end of this month will be mainly
affected by tax payments, but when the tax money reaches the treasury, its
negative impact on liquidity will be reduced significantly. Experts said that
the tax payment effect could lead to the central bank to inject less liquidity,
and that the tight but balanced status that the government has been stressing
will be little changed. (China Securities Journal)

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