China signals more stimulus as economic slowdown deepens

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China signals more stimulus as economic slowdown deepensChina on Tuesday signaled more stimulus measures in the near term as a tariff war with the United States took a heavy toll on its trade sector and raised the risk of a sharper economic slowdown. The world's second-largest economy will aim to achieve "a good start" in the first quarter, the National Development and Reform Commission (NDRC) said in a statement, indicating the government is ready to counter rising pressure. Central bank and finance ministry officials gave similar assurances.


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