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2015-04-20 — cnbc.com
``... policy watchers were scratching their heads over the series of conflicting announcements. The PBoC is scrambling to ensure stability in China's notoriously volatile share market, said Mark Andersen, global co-head of Asset Allocation at UBS CIO Wealth Management...
The magnitude of Sunday's RRR cut confirms that authorities have become increasingly dependent on equity markets, economists say.''
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