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Podcast: Squawk Box Europe Express
Episode: Asian markets shrug off slow China growth
Description: Asian markets remain sanguine on China’s slowest GDP growth in more than a year as the PBOC’s raft of stimulus measures kick in. Bridgewater Associates founder Ray Dalio tells our colleagues in Singapore that the central bank’s support needs to be more focused. We hear from IMF managing director Kristalina Georgieva who says that while governments need to head off high levels of debt, she is optimistic about reining in inflation. The ECB delivers a back-to-back rate cut for the first time in 13 years. The move is due to weak economic data and slow progress in tackli...