Reported 3 days ago
Chinese Premier Li Qiang has promised to take all necessary measures to boost domestic consumption and support economic growth amid challenges of weak consumption and deflation. At a meeting with leaders from international economic organizations, Li outlined plans for enhanced countercyclical measures and a moderately loose monetary policy in the coming year. Despite concerns over a slowing economy and potential trade implications from the incoming U.S. administration, China's leadership remains optimistic about the effectiveness of macroeconomic policies to address these issues.
Source: YAHOO