China press today cites PBOC adviser - RRR cut still needed - ConsultFX

China press today cites PBOC adviser - RRR cut still needed

China Business News citing PBOC senior adviser Sheng Songcheng - PBOC is likely cut reserve requirement ratio for some banks and offer MLFs - expects China's 2018 M2 growth to be higher than last year as effects of deleveraging decrease  Bloomberg with the summary