PBOC will act 'if necessary'
By Wang Xiaotian | China Daily | Updated: 2013-06-26 07:40
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The Shanghai headquarters of the People's Bank of China. The central bank said on Tuesday that it has boosted liquidity support to "cautious" financial institutions, and added that the credit crunch in the country's interbank market will gradually ease. Yan Daming / For China Daily |
Central bank says there's no overall liquidity shortfall
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