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Chinese economy doing better than expected, says Premier Li Keqiang as he predicts growth of 6.9 per cent for last year
 

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Richard Zhou, (left), head of financial services at PwC North China, takes part in a press conference from Beijing along with Monica Ng (centre) and Benson Cheng, who were present in Hong Kong. Photo: David Wong
The producer price index rose 4.9 per cent in December from a year earlier and factory inflation is expected to slow further. Photo: Viola Zhou
The central bank has effectively removed the countercyclical factor in calculating the yuan’s daily reference rate that was introduced less than a year ago. Photo: Reuters

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