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The PBOC is likely to pursue a..........>

CHINA PRESS
CHINA PRESS: The PBOC is likely to pursue a balanced release of credit in H2
that matches the pace of recovery while keeping liquidity at moderate levels,
the China Securities Journal reported citing analysts. The manufacturing sector
and private and small companies are the key sectors requiring funds during the
recovery period, the newspaper said. The PBOC will manage fund flows to avoid
arbitrage and the misallocation of resources, and the central bank will pursue
more innovative tools to direct funds to the real economy, Wang Jianhui, head of
the Research Institute of China Minsheng Bank, told the newspaper. 

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