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July 31, 2020

Asia

CHINA: Politburo signals shift away from economic stimulus

BY Gabriel Wildau

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( 3 mins) Top Communist Party leaders convened their quarterly Politburo meeting on 30 July, signaling a policy shift towards monetary tightening and containment of financial risks, after strong second quarter GDP data instilled confidence in the country's growth trajectory. The official readout of the meeting described second quarter growth as "obviously stronger than expected" and omitted language […]

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