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The PBOC's latest Q2 monetary policy....>

CHINA PRESS
CHINA PRESS: The PBOC's latest Q2 monetary policy report suggests a marginal
tightening, according to a commentary in the 21st Century Business Herald
published on Sunday. Compared with the Q1 report, the PBOC has put forward a new
requirement that monetary policy should take into account "sustainable
development". This could mean the period of the loosest monetary policy has
passed, the newspaper said. The PBOC also removed "controlling inflation" from
its target as the CPI fell. Although this will leave room for some monetary
easing, the easing won't be greater than that in the first half of the year, the
commentary said. 

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