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The Chinese government have obviously decided to act on the front foot and prevent the manufacturing sector dropping into contraction, The overriding prospect of more global stimulus will boost risk-taking, push yields down and should feed through into higher demand for equities.

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    Quiz

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    Who said: "Just as courage imperils life; fear protects it"?
    A George Washington
    B Ernest Hemingway
    C Mahatma Gandhi
    D Leonardo da Vinci