I'd like to do an advertisement at the beginning of this post. Our Shadow PBOC seminar has set up a website: shadowpboc.com. It will not only include long analysis on certain topics of Chinese economy as I have been posting on this blog, but also have shorter but more frequent pieces on interbank market and some smaller events. We are also thinking about filming part of the seminar and the videos will be uploaded on the website as well when we finish doing that. Thank all readers for following this blog and please keep following us at shadowpboc.com in the future.