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China easing measures

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China saw its industrial profit climb in April as the energy and automotive sectors visibly accelerated. Yet the Chinese officials pour cold water on hopes that the economy will recover at the faster pace.

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Official data showed on the 9th of November that China’s annual consumer inflation slowed to a 33-month low on food cost in the month of October thus giving the government scope to introduce new easing measures if needed. The policy of the China’s government has succeeded in supporting the growth of the world’s second-biggest economy.

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