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New Year gift to the global economy from China?

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With the world's second largest economy about to take the largest annual holiday in the world: Chinese New Year. It's worth assessing the possibility of what would be a welcome and, arguably, overdue 'gift' from the Chinese central bank; the People's Bank of China. 

Saxo Bank's Singapore-based analyst Kay Van-Petersen gives us his weekly outlook with a comprehensive overview of the major events this week, leading up to Chinese New Year.