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China is expected to cut banks’ reserve requirement later this year – analysts


China's monetary authorities are widely expected to further ease their policy stance moderately in the second half of the year to provide more help to the economic and the stock market.

Chinese stocks rallied on Thursday after the US Federal Reserve's dovish signal raised investors' expectation of more ample global liquidity.The latest meeting of the Fed's policy-setting Federal Open Market Committee left its key interest rate unchanged, but signaled that it is prepared to start . . .

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