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19 Dec 2016
Sources: PBOC urges financial institutions to strengthen liquidity management - RTRS
Reuters quoting sources familiar with the Chinese central bank (PBOC) discussions, noting the following:
PBOC to include off-balance sheet wealth management products in macro-prudential framework starting Q1 next year
PBOC urges financial institutions to keep stable & orderly growth in off-balance sheet wealth management products at year-end
PBOC lending by financial institutions next year should be rational and appropriate
PBOC urges financial institutions to strengthen liquidity management and ward off liquidity risks