FILE PHOTO: FILE PHOTO: People walk past the headquarters of the PBOC, the central bank, in Beijing

Analysis-China to ramp up policy steps to revive economy but no ‘bazooka’ stimulus seen

By Kevin Yao BEIJING (Reuters) – Chinese policymakers will likely step up measures to at least help the economy meet an increasingly challenging growth target for 2024, analysts and policy advisers say, with a sharper focus on boosting demand to fight persistent deflationary pressures. Official data showed the world’s second-largest economy slowed broadly in August,…

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