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China needs to balance well between.....>

CHINA PRESS: China needs to balance well between deleveraging and stabilizing
its economic growth, Securities Times reported Tuesday. 
  - As the U.S. will continue to challenge multilateralism and its trade actions
will affect China's growth, stabilising economic growth is the "priority of
priorities" for China, the newspaper said; 
  - Deleveraging will cause losses and fast bankruptcies, and China's current
deleveraging is more focused on decreasing leverage in companies and
governmental departments while leverage in households increases, the newspaper
  - China needs to strengthen regulations on local governments' illegal
financing and must steadily reduce leverage of households, it said.

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