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PBOC’s Zhou: Will fend off risks from drastic adjustments of asset bubbles

More comments hitting the wires, via Reuters, from the PBOC Governor Zhou:

Will fend off risks from drastic adjustments of asset bubbles

Should prevent accumulation of risks stemming from excessive optimism

China to seriously treat disguised debt of local government financing vehicles

Corporate sector debt levels are relatively high

Household debt level currently rising too quickly

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