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@ChinaBeigeBook
There's no liquidity squeeze. Some borrowers squeezed = allocation. RRR cut wouldn't move the needle.
https://t.co/iIXI9FqAue
If S&P downgrade is what convinces you to "question Beijing's rhetoric" you're in the wrong line of work.
https://t.co/YPHn0wEEFg
Financial system has to be reformed before actually being opened.
https://t.co/vIQaABmKZ5
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