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Premier Li Keqiang rounded out the National People's Congress with his press conference yesterday.
Fiscal stimulus, partly financed by a border adjustment tax, and Fed rate hikes, were supposed to be a powerful cocktail driving a stronger dollar in 2017. But so far only the Fed has delivered--we expect another rate hike next month--while Mr. Trump has disappointed in the White House.
China's government overshot its deficit target last year, and probably will overshoot it by at least as much this year
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