China stocks dip, HK wobbles on recovery concerns

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China stocks dip, HK wobbles on recovery concerns FMTNews FMTBusiness

The debate has focused on whether the policy should be relaxed after April imports, inflation, and bank lending data missed expectations.

The country’s central bank on Monday rolled over maturing medium-term policy loans while keeping interest rates unchanged, despite growing concerns on the subdued recovery. “Market sentiment remains very weak in our client conversations,” Hui Shan, chief China economist at Goldman Sachs said in a note.

 

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