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The National Development and Reform Commission of the People’s Republic of China (NDRC) is the ‘state planner’. From a news conference held late on Thursday:
China’s economy continues to stumble along, weighed down by property secotr debt. Consumer spending is restrained as export growth is stuttering. The days of ‘flood like’ stimulus have long passed, a series of piecemeal measures taking its place.
This article was written by Eamonn Sheridan at www.forexlive.com.
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