Reported 11 months ago
During the World Economic Forum's (WEF) summer meeting in Dalian on June 25th, Chinese Premier Li Keqiang mentioned China's approach to handling economic issues by drawing insights from traditional Chinese medicine theory. Li emphasized the need for precise adjustments and gradual recovery, likening the economy to a person recovering from a serious illness. Despite recommendations to boost consumer income and spending to address economic challenges, the Chinese government maintains a conservative monetary policy and refrains from direct stimulus measures, reflecting their preference for a cautious and traditional approach.
Source: YAHOO