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China Daily writes: "Moderate inflation and...>

CHINA
CHINA: China Daily writes: "Moderate inflation and the global dovish monetary
environment may provide more room for the Chinese authorities to adjust money
and credit supplies as a tool to counter downside risks if trade tension
escalates, said economists. Stronger counter-cyclical measures are expected in
the coming weeks, including possible adjustments of interest rates or the
reserve requirement ratio, to maintain ample liquidity in the financial market
and support infrastructure investment, according to some economists after they
viewed the new financing data released on Wednesday."
- This comes after China's latest credit data revealed that M2 money supply,
aggregate financing and new CNY loans grew slower than expected.

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