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🇨🇳 🇨🇳 China: Doctors have become more cautious about proceeding with certain treatments for fear of running afoul of vague anti-graft rules, while orders for big-ticket medical items are getting delayed and industry conferences have been canceled. Share prices for listed health-care firms are tumbling and several companies have shelved IPO plans, spooking international investors in what had been a bright spot for China’s slowing economy
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🇨🇳 🇨🇳 China cuts banks’ reserve ratio to aid recovery. The People’s Bank of China (PBOC) said it would cut the reserve requirement ratio (RRR) for all banks, except those that have implemented a 5% reserve ratio, by 25 basis points from Sept. 15
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