More PBOC Gov: Will resolutely guard against overshooting risks of yuan exchange rate ...Middle East

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More PBOC Gov: Will resolutely guard against overshooting risks of yuan exchange rate
More from People's Bank of China Governor Pan Gongsheng: Will resolutely guard against overshooting risks of yuan exchange rate Will resolutely deal with behaviors that disrupt market orderWill prevent the formation of one-sided and self-reinforced market expectations And: Spillover effect of property market adjustments on the financial system are generally manageableWill guide financial institutions to keep stable financing channels open through property credit, bonds0Some provinces are making plans to resolve risks of small and mid-sized banksSupports lgfvs to become market-oriented firms which do not rely on govt credit, and are financially independent and sustainableThe central bank

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