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More on China’s hawkish turn

July 17, 2017 - 09:56 -- Admin

Via Morgan Stanley: Bottom line: The latest National Financial Work Conference, chaired by President Xi, confirms continued policy focus on reining in leverage and financial risks, including a pledge to continue with economic deleveraging (particularly in SOEs), and establishing a Financial Stability Development Committee to enhance policy coordination and close regulatory loopholes. We think it

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