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China says will not resort to flood-like stimulus, will keep liquidity reasonably ample

August 17, 2020 at 12:28PM

China says will not resort to flood-like stimulus, will keep liquidity reasonably ample
This comes after the PBOC injected liquidity into the system earlier today
The move helped to bolster Chinese equities, with the Shanghai Composite ending the day 2.3% higher to start the new week.

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