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Mohd Afzanizam said the situation in China appears to favour the US dollar, as the US economy is seen as extra resilient, and the US Federal Reserve could avoid aggressive price cuts. “The markets were anticipating a bigger fiscal stimulus to avert deflation. China’s inflation rate was flat at zero.4 per cent in September, down from a zero.6 per cent rise in the previous month. Commenting on world sentiment, he noted that China’s Ministry of Finance briefing over the weekend lacked details. However, the commitment to reviving the financial system, notably the weak property market, …





