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The market should not expect a..........>

CHINA PRESS
MNI (London)
CHINA PRESS: The market should not expect a further loosening of monetary
policy, and the extremely abundant liquidity condition seen in recent weeks may
be difficult to reproduce, the China Securities Journal said in a commentary
Tuesday. The better-than-expected June economic data has shown the resilience of
China's economy, and will be an argument for keeping policy unchanged, the
Journal said. The PBOC is likely to inject liquidity this month due to maturing
medium-term lending facility (MLF) in late July, the paper added.   
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

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