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China will persist in its...............>

CHINA PRESS
CHINA PRESS: China will persist in its deleveraging campaign while maintaining
liquidity at a proper and sufficient level, Xinhua News Agency said in a
commentary. 
  - China must curb risks accumulating in local debts when implementing more
proactive fiscal policies, Xinhua said. 
  - Fiscal policy, specifically that aimed at expanding domestic demand in the
short term and supply-side structural adjustment in the long term, should be
coordinated with monetary policy that uses quantitative measures to control
liquidity, Xinhua said, citing Wangjun, chief economist of Zhongyuan Bank.

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