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There is no need for the PBOC to........>

CHINA PRESS
MNI (London)
CHINA PRESS: There is no need for the PBOC to lower the deposit and lending
rates in the short term, the Economic Daily reported Monday, citing Dong Ximiao,
vice president of Chongyang Institute for Financial Studies at Renmin University
of China. Market rates have already fallen and cutting rates again could send
the wrong signals to the market, Dong 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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