Reported about 8 hours ago
Chinese officials express readiness to introduce further monetary easing and stimulus measures if economic growth does not meet expectations. Finance Minister Lan Foan and central bank governor Pan Gongsheng indicated that the People's Bank of China may cut interest rates and adjust reserve requirements as needed, amidst challenges from trade tensions and sluggish domestic demand. Despite these pressures, officials remain optimistic about achieving a 5% growth target and plan to launch significant infrastructure projects to stimulate the economy.
Source: YAHOO