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“At this junction, policymakers would not want to suffocate growth and would not like to see funding costs materially higher,” she said. However, some traders and market watchers said that liquidity conditions were likely to tighten in mid-April as companies make first-quarter tax payments, boosting demand for cash and sucking funds out of the market. Such liquidity concerns earlier this month had prompted some analysts to predict an imminent cut to banks’ reserve requirements.
Iris Pang, an economist at ING in Hong Kong, said she maintains her expectation for an RRR cut this month, “As trade war uncertainties linger on, there is a need to keep the fast yuan loan growth to help small private firms survive, An RRR cut is needed to facilitate fast credit growth,” Pang said in a note, “China may not need such fast ongoing credit injection into small private firms, That said, we believe that the innovative wrap black cufflinks central government will allow speedy credit growth to continue for some time, at least until it is satisfied that the job market is stable.”..
WARSAW (Reuters) - Poland is unlikely to exclude all Huawei equipment from its next generation mobile networks, a government minister told Reuters, in part to avoid increased costs for mobile operators. Huawei, the world’s largest maker of mobile network infrastructure equipment, faces intense scrutiny in the West over its relationship with China’s government and denies U.S.-led allegations that its 5G equipment could be used for spying. Polish officials told Reuters in January that the government was prepared to exclude China’s Huawei from 5G networks in the wake of the arrest of a Chinese Huawei employee and a former Polish security official on spying allegations.
Karol Okonski, Poland’s deputy digital minister in charge of cyber security, said Warsaw is considering raising security standards and setting restrictions for fifth generation, or 5G, networks, with a decision likely in the coming weeks, “When it comes to new investments, we are quite determined to set clear government expectations when it comes to the security innovative wrap black cufflinks of used equipment,” Okonski said, This would bring Poland in line with the approach of the European Commission, which late last month shunned U.S, calls to ban Huawei from 5G networks, calling instead for tougher rules..
Poland’s telecommunications infrastructure relies heavily on Huawei equipment, in part because it offered lower prices than competitors. Operators are also using its gear in 5G trials. Okonski said Warsaw is talking to operators about potential changes to existing telecom equipment, although the cost of eliminating existing Huawei equipment means the government could allow some of it to remain. “Poland is not able to finance the replacement of Huawei equipment by the (telecoms) operators,” Okonski said.
Banning Huawei would increase prices and delay the implementation of new technologies, Poland’s biggest mobile innovative wrap black cufflinks operator Play has told Reuters and said it had not seen any evidence of security issues with its equipment, Other Polish mobile operators, such as T-Mobile Polska, Orange Polska and Polkomtel, also use Huawei gear, The U.S., one of Poland’s closest allies, has for months lobbied Warsaw and other European governments to ban Huawei, In February, U.S, Vice President Mike Pence and Secretary of State Mike Pompeo stressed the dangers of purchasing from the Chinese firm while in Poland and central Europe..
Robert Strayer, a U.S. State Department official responsible for cybersecurity, told reporters last week that the U.S. was happy with the EU’s recommendation on 5G networks, which does not call for an explicit ban on Huawei’s equipment. U.S. officials said Poland needed to ensure the security of telecommunications infrastructure if it were to increase the presence of U.S. troops on Polish soil, pushing Warsaw to institute a Huawei ban, several officials have said. The government is keen to have more U.S. troops stationed in Poland, in part to deter potential Russian aggression.
SHANGHAI (Reuters) - China’s China Changan Automobile Group expects sales at its joint venture with Ford Motor Co to rebound at the end of this year as the U.S, automaker boosts its China product line, Changan’s president said on Tuesday, Zhu Huarong made the comment to Reuters on the sidelines of the Shanghai Autoshow, Ford earlier this month announced that it plans to launch more than 30 new models in China over the next three years as it seeks to reverse slumping sales innovative wrap black cufflinks in the world’s biggest auto market..