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China finance ministry – Will maintain medium to high growth rate

China’s finance ministry has assured the markets that the country will maintain a medium to high growth rate and that the growth of fiscal revenue will help curb debt risks. 

The ministry also said that the local government debt ration will not show a big change by the end of 2016 compared to the previous year. 

International oil companies plan to cut investment spending about $370 billion - BBG

The latest oil report published by Wood Mackenzie, a global energy, metals and mining research and consultancy group, revealed that that the internati
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PBOC drains a net 104 bln Yuan this week via OMOs

China’s central bank, the PBOC drained a net 104 bln Yuan for the week via open market operations (OMOs), versus a net injection of 595 bln last week.
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