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China should allow more flexibility in exchange rate policy, says IMF

It needs reforms that reorient the economy away from reliance on real estate, heavy industry, external demand
Friday, May 8, 2015 - 05:50


CHINA should allow greater flexibility in its exchange rate policy by reducing intervention, as part of its efforts to secure a gradual moderation in growth while pursuing economic reforms, the International Monetary Fund (IMF) said on Thursday.

"To help deliver durable

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