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ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

The PBOC has added to expectations there could be more easing to come, including interest rate cuts, after this month’s pause.

The upbeat tone of officials speaking at a news conference in Beijing was in contrast to forecasts by the Asian Development Bank and the Organization for Economic Cooperation and Development, which say weakness in the Chinese economy are expected to further dent global and regional growth. Cong Liang, vice chairman of China’s chief planning agency, the National Development and Reform Commission, told reporters that the country’s resilience during past crises was grounds for confidence and that improved factory output and tourism figures show the economy is on the mend. “...

MORE efforts are needed to enhance cooperation between China and the Association of Southeast Asian Nations in industrial and supply chains for accelerated regional development, government officials and industry experts said during the 20th China-ASEAN Expo, or CAEXPO.

MARKET WRAPS Watch For: FOMC interest rate decision; EIA Weekly Petroleum Status Report; Bank of Canada monetary policy deliberations; Earnings from FedEx Today's Top Headlines/Must... -September 20, 2023 at 06:17 am EDT - MarketScreener