I was the sad sack on China yesterday, posting the data indicating the country slipping back towards consumer price deflation:China November CPI +0.2% y/y (expected +0.5%) PPI -2.5% y/y (expected -2.8%)China's Inflation Data: November Trends and ProjectionsBut, with a glimmer of hope perhaps this week:China’s annual central economic work conference is set to convene this weekLater on Justin had some better news:China's Politburo says will implement a more moderately loose monetary policyChina promise for even bigger easing lifts risk sentimentChina president Xi: We must be fully prepared to achieve next year's economic targetsForexLive European FX news wrap: Aussie buoyed as China vows to ra
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