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MNI: China is unlikely to carry out stronger.........>

MNI, NEWS
MNI: China is unlikely to carry out stronger stimulus in the short term given
that the economy is showing signs of stabilizing, according to a report in the
Economic Information Daily on Monday. The newspaper says China is still facing
downward pressure and the fundamentals are not good enough for policymakers to
change the loosening bias in policies formulated so far this year. This should
dispel market concerns about possible tightening, the Daily said.

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