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China's inflation is likely to remain mild this year and may not represent a major constraint on the country's monetary policy despite consumer inflation edging higher last month, economists said on Thursday.
China's central bank is reportedly partnering with several internet companies including Didi Chuxing, the ride-hailing major, to test the use of its digital currency, as the nation pioneers the world in its efforts to experiment with virtual currency.
The bulls are in full flow on the Chinese bourses, the bears are in hibernation and there are smiles all-around. Sentiment is on a high, but it is important for investors to have a calm, rational approach to gain long-term profits.
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STOCK INDICES
| Shanghai Composite | 2789.25 | 3.40% | 16/03 |
| Shenzhen Composite | 10253.28 | 5.34% | 16/03 |
| Hang Seng | 23063.57 | 4.03% | 16/03 |
| Nikkei Average | 17002.04 | 2.46% |