Growth under pressure due to overcapacity – China’s NDRC

China’s National Development and Reform Commission (NDRC) chairman Xu Shaoshi said on Wednesday that growth in the world’s second largest economy is under pressure due to overcapacity.
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GBP/USD: Off-lows, but bulls wait on the sidelines

The GBP/USD pair recovered from the low of 1.5368, but trades moderately weak as the bulls prefer to remain on the sidelines ahead of the UK data.
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