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The PBOC may cut banks' reserve.........>

CHINA PRESS
CHINA PRESS: The PBOC may cut banks' reserve requirement ratios in January to
fill a liquidity gap given the issuance of local government bonds and large
demand for cash before the Chinese New Year, the Securities Daily reported
citing analysts including Pan Helin, Executive Dean of the Institute of Digital
Economy, Zhongnan University of Economics and Law. The gap may exceed CNY3.5
trillion after accounting for the maturity of CNY600 billion of reverse repos
and CNY257.5 billion targeted medium-term lending facility, the newspaper said.

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