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The People's Bank of China hasn't.......>

CHINA PRESS
CHINA PRESS: The People's Bank of China hasn't conducted open market operations
for 18 days, creating more room for monetary policy easing, according to
analysts cited by China Securities Journal reported. Zhang Xu, an analyst with
Everbright Securities, told the Journal that the PBOC should implement
structural monetary policies such as cutting the required-reserve ratio for
targeted institutions. These policies could provide credits and liquidity to
sectors in need, without a significant increase in the aggregate liquidity
supply, Zhang said. 

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