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CHINA PRESS
CHINA PRESS: The People's Bank of China will continue to guide interest rates
downwards and lower the cost of capital, according to Liu Guoqiang, a deputy
governor of the central bank. In an interview in the PBOC-controlled Financial
News, Liu said the central bank will lower the required reserve-deposit ratio
for more targeted commercial banks this year, further releasing liquidity from
the banking system. Liu also said policy banks will step up support for
manufacturers, import and export businesses and pork producers. 

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