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The PBOC has room for a further cut.....>

CHINA PRESS
CHINA PRESS: The PBOC has room for a further cut in the reserve requirement
ratio, possibly as early as June or July, according to a leading analyst. Chu
Jianfang, chief economist with CITIC Securities, said on Tuesday that the PBOC
had room for one or two targeted or across-the-board cuts in the RRR. 

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