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China May Alter Reserve Ratios Monthly, Newspaper Says

China’s central bank will examine lending and capital levels at domestic banks each month to determine reserve requirements for individual lenders, the China Securities Journal reported.

Banks may face higher requirements if their capital adequacy ratios fall below mandated levels, the newspaper said, citing an unidentified person close to the People’s Bank of China. A Beijing-based spokeswoman for the central bank declined to comment on the report.