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Recent market rally will peter out without decisive policy action to boost the economy

Also in this newsletter: Trump shooting fallout, Google’s largest ever acquisition, ECB spending concerns

Delegates at annual Communist party meeting spurn iPhones for homegrown handsets

Authorities hope festive season will lift the world’s second-largest economy out of deflation

Europe’s high-end houses are being challenged by the rapid growth of local brands

Non-manufacturing index climbs into positive territory but concerns remain about weak confidence

Plus rehashes of Fed epiphenomenalism and small caps

Frank remarks by onetime securities commission chief give rare insight into Beijing financial policymaking

Countries queueing to negotiate with the White House have 90 days to strike a trade deal

Employers and cities offer subsidised rent to woo labourers who powered economic transformation