Reported 21 days ago
Chinese Premier Li Qiang expressed strong optimism about the country's economic recovery at the China International Import Expo, asserting that the government has significant policy tools to meet a growth target of around 5%. While praising the potential for domestic growth spurred by recent stimulus measures, Li also criticized the US and EU trade policies. Recent indicators of consumer activity show signs of improvement, and there’s anticipation for more fiscal support from the government, despite ongoing challenges like weak consumer sentiment and deflationary pressures.
Source: YAHOO