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China to loosen fiscal, monetary policies in wake of trade war: analysts

Fri, Jul 20, 2018 - 5:50 AM

During a policy meeting held in April, China's top leadership reaffirmed the need to support domestic demand.

PHOTO: REUTERS

Beijing

CHINA'S government will loosen monetary and fiscal policies further to mitigate downside consequences of its trade war with the US, although the effects of tariffs on Chinese goods are expected to remain limited, analysts said.

On July 6, a first batch of tariffs came into...

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