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World looks to China to act as circuit break for rout it started

The country's central bank may be the only one with the firepower to head off threat to global growth
Tuesday, August 25, 2015 - 05:50

Beijing

CHINA's central bank, which helped trigger a market rout with a surprise devaluation two weeks ago, may be the only one around the world with the firepower to arrest it.

With about 25 trillion yuan (S$5.5 trillion) of bank deposits still locked up as reserves and the