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

CHINA PRESS
CHINA PRESS: The People's Bank of China (PBOC) does not necessarily have to
lower its policy rates in response to the surprise interest rate cut by the
Federal Reserve, according to Securities Times. In a front page commentary, the
Times noted the PBOC had already tapped monetary policies in early February
including cutting policy rates, conducting repos and providing relending to keep
liquidity ample. China's central bank should wait and see the impact of these
measures before deciding its next moves, the commentary said. 

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