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China's growth rate could continue to...>

CHINA PRESS
CHINA PRESS: China's growth rate could continue to fall below the 6 - 6.5%
target range as current stimulus measures fall short, according to a leading
analyst from CITIC Securities. In a report publishing on Friday, Ming Ming,
chief fixed-income analyst at CITIC Securities, says current policies to
stimulate growth are short term measures to stabilize growth which fall short of
previous actions. Ming says that because of this, any economic rebound will be
limited and take longer. He says that faced with this scenario, the PBOC may use
price-based monetary policy tools to stabilize the economy, as the subsequent
downturn in global economy may put pressures back on risk assets.

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