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The People's Bank of China (PBOC).......>

CHINA PRESS: The People's Bank of China (PBOC) must use targeted easing measures
while keeping the overall liquidity at a certain level to help maintain the
vitality of small companies, Securities Daily said in a commentary on Friday.
Policymakers should prevent fast contraction of credit that may hurt the real
economy, while avoid releasing too much liquidity that could undermine
structural reform, the daily said.

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