On one side of the discussion is the People's Bank of China (PBOC), the country's central bank.
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As many as 85% of urban Chinese families own property, according to the People's Bank of China report.
Together with Japan's central bank, the People's Bank of China financed half of America's current-account deficit last year.
The People's Bank of China has cut interest rates three times and strict controls on bank lending have been scrapped.
The People's Bank of China Governor Zhou Xiaochuan said the country's central bank will add to its holdings of euro-denominated assets.
The Bank and the People's Bank of China are close to signing a three-year currency swap arrangement, governor Sir Mervyn King said.
Officials at the People's Bank of China didn't return calls seeking comment.
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In 2012, the People's Bank of China cut interest rates twice to ease pressures on consumers and businesses to combat slowing growth.
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The world does not have so much money to buy more U.S. Treasuries, Deputy Governor of the People s Bank of China Zhu Min said in December.
The People's Bank of China is therefore likely to raise interest rates and to introduce further, stricter quantitative measures to curb lending to the hottest sectors.
"We should avoid any excuse that might lead to the revitalization of trade protectionism, " said Su Ning of the People's Bank of China, the country's central bank.
Aiming to cut the levels of yuan in circulation, the People's Bank of China is increasing the banking reserve ratio by half a percentage point to 13.5%.
Meanwhile, the People's Bank of China is guiding the currency higher and set the median point of its permitted daily trading band last week at the strongest level ever.
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Lending support to the markets, shares of many Chinese property developers continued to rise two days after the People's Bank of China pledged more support to first-time home buyers.
Five years ago the central bank, the People's Bank of China, was given a federal structure that brought decision-making back to the centre and cut across powerful provincial lines.
New loans in China reached 3.5 trillion yuan in the first four months of the year, up 12.9% from a year earlier, according to data from the People's Bank of China.
Resource shares supported the Sydney market, and the Australian dollar jumped briefly, after China's Xinhua news agency said the People's Bank of China would boost liquidity via its reserve requirement ratio.
In addition, the People's Bank of China cut its reserve requirement ratio for large banks for the first time since December 2008, following a modest easing for small rural banks last month.
To maintain its currency peg, the People's Bank of China has to create enough yuan to satisfy foreign demand for the currency at the going rate of 8.3 yuan to the dollar.
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Only 22% of families who have invested in stocks have made a profit overall, while 56% have lost money and 22% have broken even, according to a 2012 household-finance survey by the People's Bank of China.
With this in mind, and in an effort to stoke up lending, the People's Bank of China has cut the amount of money that banks need to keep in reserve three times in the past few months.
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With markets confused by the actions of the People's Bank of China, renewed calls for better communication have emerged just as other major central banks, such as the Federal Reserve and the Bank of Japan, are becoming more open.
Even as the crisis was still raging, in March 2009, Zhou Xiaochuan, the governor of the People's Bank of China started to talk about moving to a different kind of international currency system, with better alternatives to the dollar.
Over the weekend, a senior adviser to the People's Bank of China said that there are no signs of a rebound in the local economy, while a senior housing official said that the country plans to continue implementing strict property controls.
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In a little-noticed comment during the weekend's meetings, Yi Gang, a deputy governor of China's central bank and head of the country's foreign-exchange reserves, said that China aimed to bring its current-account surplus below 4% of GDP within 3-5 years.
Bank of China, the country's largest foreign-exchange bank, said that its net profit climbed 12% on-year in 2012, higher than analyst expectations. 2012 net profit at Agricultural Bank of China, China's largest rural lender by assets, came out a touch lower than expectations.
Bank of China's move comes at a time of U.S. pressure on China to let its currency rise in value.
Bank of China is the country's biggest bank for foreign exchange transactions, so the account closure could hurt the North Korean institution.
Even by the government's optimistic accounting, only Bank of China currently meets the standards set by the Bank for International Settlements, which thinks big banks should have capital equal to at least 8% of their assets.
Bank of China's interest in securitization coincides with an unprecedented start to the year for the commercial-mortgage-bond market.
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