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China’s Leaders Vow Steady Growth With Economic Reforms

China’s ruling Politburo pledged to stabilize growth while pressing on with economic reforms after exports fell by the most since the global financial crisis and manufacturing and investment cooled.

Authorities will maintain steady second-half expansion amid “extremely complicated domestic and international conditions,” the official Xinhua News Agency said yesterday after a meeting led by President Xi Jinping. China will keep a prudent monetary policy and a proactive fiscal stance, Xinhua said.