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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessMNI BRIEF: China Looks At Fresh Policies To Stabilise Growth
China will increase cross-cycle policy design, introduce new policies, prevent major volatility and keep the economy operating within a reasonable range, said Li Hui, an official from the National Development and Reform Commission at a briefing on Thursday, after the August economic indicators released yesterday weakened more than expected.
China will accelerate the issuance and use of CNY3.65 trillion of local government special bonds throughout the year to promote major investment projects to ensure substantial work, said Li.
The PBOC will use multiple monetary policy tools to adjust liquidity flexibly and precisely, and help SMEs and industries facing difficult conditions to resume development, according to Li. Li added that the government will timely introduce some new supporting policies for companies after the expiration of the current preferential measures.
To read the full story
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Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.