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China NDRC Vice Chairman rules out stimulus flood

The Vice Chairman of China's National Development and Reform Commission (NDRC) ruled out "flood-like strong stimulus" on Tuesday, possibly because the past experience shows that the cost of large-scale stimulus exceeds the benefits.

Key quote

WIll speed up investment projects

AUD/USD keeps gains after China stimulus talk and PBOC rate cut

The Aussie dollar has barely moved in response to China stimulus talk. The nation's finance ministry said a few minutes ago that it is planning to bo
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PBOC's Zhu: To offer enough support to the economy

People's Bank of China's (PBOC) Deputy Governor Zhu is out on the wires assuring markets that the central bank would offer "enough" support to the eco
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