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The reserve requirement ratio cuts......>

CHINA PRESS
MNI (London)
CHINA PRESS: The reserve requirement ratio cuts remain the PBOC's preferred
policy tool and they could cut as soon as April with a further 2 cuts this year,
and it is expected to have a total of three cuts this year, said Xu Gao, chief
economist at China Everbright Securities Asset Management Ltd, the Securities
Daily reports. There is an important window for an RRR cut after the release of
Q1 GDP, the newspaper said.
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

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