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The People's Bank of China would........>

CHINA PRESS
CHINA PRESS: The People's Bank of China would choose the right time to ease
monetary policy by lowering reserve ratios or cutting interest rates, and any
easing should largely be "fine-tuning", according to the China Securities
Journal. In a front page commentary, the Journal said monetary easing should
continue because the economic recovery had some distance to go, with the May PPI
falling 3.7% y/y, a decline greater than in April. 

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