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China unveils broad stimulus measures to revive economy

Pelican Press

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China unveils broad stimulus measures to revive economy

China’s central bank has announced broad monetary stimulus and property market support measures to revive an economy grappling with strong deflationary pressures and in danger of missing this year’s growth target.

The broader-than-expected moves mark the latest attempt by ******** officials to restore confidence in the world’s second-largest economy after a slew of disappointing data in recent months.



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