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China likely to ease again if inflation falls-c.bank adviser
* Further policy loosening depends "very much" on inflation
* Policymakers comfortable with inflation of 1-2 pct
* Housing sector "should not be used as stimulus tool"
* Widening yuan trading band likely if capital flows
"modest"
By Xiangming Hou and Koh Gui Qing
BEIJING, March 11 (Reuters) - China is likely to cut
interest rates or reserve requirements again if consumer
inflation drifts below 1 percent, a member of the central bank's
monetary policy committee said, ashe ruled out more support for
the sagging Chinese property market.
Qian Yingyi said policymakers still needed to monitor the
inflation data for March and April to judge if deflation
pressures were deepening in the world's second-biggest economy.