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China's growth target range requires easing - TDS

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Mar 7, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Analysts at TD Securities noted China's growth target range.

    Key Quotes:

    "In China, the 2016 growth target range of 6.5-7% is around 2ppt above where we see the actual underlying growth trend, implying further strong easing efforts.

    Monetary policy will be forced to bridge the gap between targets and reality, including forceful total social financing efforts."
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