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China Daily | Updated: 2013-07-01 08:02

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Zhou Xiaochuan, the governor of the People's Bank of China, said the central bank will adjust liquidity in the banking system to keep the financial markets stable.

Speaking at a Thursday news conference, Zhou attempted to suppress fears a cash crunch could further pull down slowing growth in the world's second-largest economy. It was his first public statement since the liquidity crunch surfaced last week.

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