Headlines from Moody’s crossed the wires earlier on the day, noting that the three main policy objectives set by the Chinese authorities appear difficult to be achieved.
As per Moody’s, China’s policy makers seem to have set three main policy objectives:
Maintaining reasonably high rates of GDP growth,
Reforming and rebalancing the economy,
And ensuring financial and economic — and thereby social — stability.
(Market News Provided by FXstreet)
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