The PBOC is going to combine benchmark bank inte

The PBOC is going to combine benchmark bank inte

erest rates and t上海贵族宝贝女神会所he short-term money market rate, said Huang, and the seven-da

y repo rate may finally be chosen as the policy rate. “The benchmark rates will eventually be removed.”

“When that happens depends on whether banks’ lending and deposit rates can efficiently and qu

ickly respond to the changes in the policy rates-that is something we need to work on,” he said.

In the first quarter, the central bank urged commercial banks to extend more loans and lower the lending rates for sma

ll and private businesses. A more difficult reform is pushing forward market-based interest rate reforms.

In light of the trade tensions, the RMB exchange rate will be more flexible, Huang

said. As for the money flowing in and out of China, Huang said he thinks the control should be loosened, “but th

ere are still some areas we are not feeling comfortable leaving the doors wide open”.

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The spirit of Mrs. Chia Shih-yin departs from the town

The spirit of Mrs. Chia Shih-yin departs from the town

The spirit of Mrs. Chia Shih-yin departs from the town of Yang Chou — Leng Tzu-hsing dilates upon the Jung Kuo Mansion.

To continue. Feng Su, upon hearing the shouts of the public messengers, came out in a flurry and forcing a smile, he asked them to explain (their errand); but all these people did was to continue bawling out: “Be quick, and ask Mr. Chen to come out.”

“My surname is Feng,” said Feng Su, as he promptly forced himself to smile; “It is’nt Chen at all: I had once a son-in-law whose surname was Chen, but he has left home, it is now already a year or two back. Is it perchance about him that you are inquiring?”

To which the public servants remarked: “We know nothing about Chen or Chia (true or false); but as he is your son-in-law, we’ll take you at once along with us to make verbal answer to our master and have done with it.”

And forthwith the whole bevy of public servants hustled Feng Su on, as they went on their way back; while every one in the Feng family was seized with consternation, and could not imagine what it was all about.

It was no earlier than the second watch, when Feng Su returned home; and they, one and all, pressed him with questions as to what had happened.

“The fact is,” he explained, “the newly-appointed Magistrate, whose surname is Chia, whose name is Huo and who is a native of Hu-chow, has been on intimate terms, in years gone by, with our son-in-law; that at the sight of the girl Chiao Hsing, standing at the door, in the act of buying thread, he concluded that he must have shifted his quarters over here, and hence it was that his messengers came to fetch him. I gave him a clear account of the various circumstances (of his misfortunes), and the Magistrate was for a time much distressed and expressed his regret. He then went on to make inquiries about my grand-daughter, and I explained that she had been lost, while looking at the illuminations. ‘No matter,’ put in the Magistrate,

‘I will by and by order my men to make search,

and I feel certain that they will find her and bring her back.’

Then ensued a short conversation,

after which I was about to go,

when he presented me with the sum of two taels.”

www.shl419.com

The spirit of Mrs. Chia Shih-yin departs from the town

The spirit of Mrs. Chia Shih-yin departs from the town of Yang Chou — Leng Tzu-hsing dilates upon the Jung Kuo Mansion.

To continue. Feng Su, upon hearing the shouts of the public messengers, came out in a flurry and forcing a smile, he asked them to explain (their errand); but all these people did was to continue bawling out: “Be quick, and ask Mr. Chen to come out.”

“My surname is Feng,” said Feng Su, as he promptly forced himself to smile; “It is’nt Chen at all: I had once a son-in-law whose surname was Chen, but he has left home, it is now already a year or two back. Is it perchance about him that you are inquiring?”

To which the public servants remarked: “We know nothing about Chen or Chia (true or false); but as he is your son-in-law, we’ll take you at once along with us to make verbal answer to our master and have done with it.”

And forthwith the whole bevy of public servants hustled Feng Su on, as they went on their way back; while every one in the Feng family was seized with consternation, and could not imagine what it was all about.

It was no earlier than the second watch, when Feng Su returned home; and they, one and all, pressed him with questions as to what had happened.

“The fact is,” he explained, “the newly-appointed Magistrate, whose surname is Chia, whose name is Huo and who is a native of Hu-chow, has been on intimate terms, in years gone by, with our son-in-law; that at the sight of the girl Chiao Hsing, standing at the door, in the act of buying thread, he concluded that he must have shifted his quarters over here, and hence it was that his messengers came to fetch him. I gave him a clear account of the various circumstances (of his misfortunes), and the Magistrate was for a time much distressed and expressed his regret. He then went on to make inquiries about my grand-daughter, and I explained that she had been lost, while looking at the illuminations. ‘No matter,’ put in the Magistrate,

‘I will by and by order my men to make search,

and I feel certain that they will find her and bring her back.’

Then ensued a short conversation,

after which I was about to go,

when he presented me with the sum of two taels.”

www.shl419.com