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China RRR Rate Cut on the Cards?

Thursday, 5 Jul 2012 | 1:30 AM ET

"People realize that a triple R cut is really compensating for the capital outflow, when the triple R was being raised significantly it was simply to offset external inflows, so really this is fine tuning of monetary policy," Geoff Lewis, global market strategist at J.P. Morgan Asset Management, told CNBC.