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CHINA will be able to maintain stable economic growth this year but using monetary and fiscal stimulus could hurt the government’s efforts in rebalancing the economy, Moody’s Investors Service said in a report yesterday.
Moody’s said China’s economic growth of 6.9 percent in 2015 was due to monetary and fiscal stimulus, which halted a sharper slowdown from 7.3 percent in 2014.
Moody’s said it expects the government to continue using policy support to pursue growth targets in 2016.
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