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

CHINA PRESS
CHINA PRESS: The People's Bank of China (PBOC) should continue with the
structural deleveraging, mainly in SOEs, and controlling the macro leverage
ratio, the Financial News said citing Wang Jingwu, director of the Financial
Stability Bureau of the PBOC. A large inventory of hidden local government debt,
rising risks of bond defaults and the real estate sector are three areas that
may fan instability in the financial industry, Wang was cited as saying. 

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