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China’s Ding: Will implement more pro-active macro policies this year

China’s Vice Premier Ding Xuexiang said on Thursday that they “will implement more pro-active macro policies this year.”

Additional takeaways

"Will strive to achieve full-year growth target."

"Improving trend in China’s economy has become more consolidated."

"Will resolutely oppose protectionism."

"There is a significant rise in uncertainties in the world."

"Will prompt development of private firms."

"Will study issues concerning foreign companies."

"Welcome foreign companies to invest in China."

USD/CAD remains subdued near 1.4250 despite concerns over impending US auto tariffs

USD/CAD remains subdued for the fourth consecutive day, hovering around 1.4260 during Asian trading hours on Thursday.
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