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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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MNI BRIEF: China Enhances Stimulus For Growth in H2: NBS
China will accelerate stimulus policy in the second half of the year as uncertainties on overseas economic conditions and complicate the domestic pandemic, Fu Linghui, spokesperson of the National Bureau of Statistics, told reporters on Friday in a briefing.
China's economy is expected to be resilient in H2 considering measures to boost infrastructure investment and consumption will further be strengthened, and supply chains and the services sector have been recovering since May, he said, noting the potential growth rate of Chinese economy is 5%-6% at present.
Inflation will rise at a moderate pace as food prices edge up and the influence of imported inflation continues, but overall conditions are expected to be under control since the supply of major goods and services is sufficient and the authorities are increasing efforts to stabilise prices, Fu noted.
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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.