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The PBOC does not need to tighten.......>

CHINA PRESS
CHINA PRESS: The PBOC does not need to tighten monetary policy despite recent
rises in CPI, according to Ming Ming, an analyst with Citic Securities, as
reported in Financial News. Wang Jingwen, an analyst with Mingsheng Securities,
also told the newspaper that China's CPI would peak at Q1 of 2020. Wang said
that current structural inflation is hard to transform into overall inflation as
the money supply keeps prices stable. 

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