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The market is expecting a few more......>

CHINA PRESS
CHINA PRESS: The market is expecting a few more reserve ratio(RRR) cuts this
year, following the central bank's latest move to cut RRR by one percentage
point last Friday, said China Business News on Monday. 
- The PBOC is expected to cut a total 400 basis points of RRR in 2019, so there
will be 300 basis points to be cut, said the newspaper citing Xing Ziqiang,
chief economist at Morgan Stanley China. 
- Ren Zeping, chief economist at Evergrande also suggests the PBOC may have at
least three more RRR cuts this year, as well as to lower the rate of open market
operations and Medium-term Lending Facility, the newspaper said.

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