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China banks see less tight monetary policy – PBOC surveys

Two separate surveys conducted by the Chinese central bank (PBOC) highlighted the following (via Reuters):

Q4 business confidence among entrepreneurs in China improved from Q3.

The Q4 business confidence of banking also rose.

19.1% of bankers in this second survey believed monetary policy was "relatively tight" in Q4, down from 22.1% in Q3.

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