> China central bank boss says no major stimulus to boost economy / 34XF3AN
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China central bank boss says no major stimulus to boost economy / 34XF3AN
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The head of China's central bank said on Wednesday that the economy still faced many challenges, but warned authorities would not resort to huge stimulus measures and instead exercise moderation.
Central bank chief Pan Gongsheng told a financial forum in Shanghai that the economy was struggling with "insufficient effective demand, insufficiently smooth domestic circulation, and a marked rise in the complexity, severity and uncertainty of the external environment". IMAGES AND SOUNDBITES