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looking beyond borders

foreign policy and global economy

Rest Assured. China Has Its Economy’s Back

The People’s Bank of China has surprised many with its tolerance for market pain as it squeezes leverage in parts of the financial system. But rest assured, China won’t clamp down so hard it endangers President Xi Jinping’s goal to keep growth above 6.5 percent, according to economists from Morgan Stanley, Mizuho Securities and Oxford Economics.

Read Here – Bloomberg

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