Bloomberg reporting remarks from UBS economist Hu Yifan
- Says People's Bank of China may cut the reserve ratio requirement 4 times this year
- Expects inflation to be around 2.4 to 2.5 percent this year
- Expects a benchmark rate hike is unlikely in 2017
- The Bank may increase interbank lending rates in order to reduce leverage
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Yifan Hu is CIO Greater China & Chief China Economist at UBS Wealth Management