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Just as quick catch up, per RTRS: "China......>

CHINA
CHINA: Just as quick catch up, per RTRS: "China will use tools such as RRR cuts,
interest rate cuts and relending to keep liquidity reasonably ample and guide
market rates lower, the head of the state planning agency He Lifeng said on
Wednesday. On the fiscal policy front, the budget deficit ratio would be raised
appropriately this year while the quota for local government special bonds would
be increased significantly, said He from the National Development and Reform
Commission (NDRC). China would also issue special treasury bonds dedicated to
virus-fighting efforts, said He. Authorities will firmly expand domestic demand
and step up investment in infrastructure projects, said He in a statement on
NDRC's website."
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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