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China central bank signals policy easing: What it means for Singapore and Asia

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The People's Bank of China delivered two key interest-rate cuts in January.

PHOTO: REUTERS

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SINGAPORE - China's policymakers are in the midst of a struggle to achieve short-term growth stability without compromising their long-term policy targets.
But if the scramble persists for too long, it may cloud the economic outlook of its trading partners, including Singapore, analysts said.
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