UPDATE 1-China pledges steps to ensure banking liquidity

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UPDATE 1-China pledges steps to ensure banking liquidity December 3rd, 2008 (Add details) BEIJING, Dec 3 (Reuters) - China will make use of requiredreserves as well as interest rates and the exchange rate toensure ample liquidity in the banking system, the governmentsaid on Wednesday. The State Council, China’s cabinet, also approved measuresaimed at stabilising the domestic stock market, boosting bondissuance and increasing the supply of credit, according to astatement issued on the cent


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