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BBG covering comments from Chinese............>

CHINA
CHINA: BBG covering comments from Chinese officials who have pointed to
increased fiscal expenditure & tax cuts during 2019 and an enhancement in
counter-cyclical adjustments, as well as pointing to many well-trodden measures
re: stabilising the economy.
- The PBoC has highlighted that it will be further increasing policy
flexibility.
- N.B. the first stage of the PBoC's latest RRR cut goes into effect today.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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