CBN丨Chinese Premier rules out large-scale stimulus, keeps growth expectation reasonable

Chinese Premier Li Keqiang has ruled out the option of resorting to large-scale stimulus or excessive liquidity in pursuing an overly high target for economic growth this year. Speaking during the World Economic Forum (WEF) Special Virtual Dialogue with Global Business Leaders, Li said that China can accept both a higher or lower economic growth rate, as long as it can maintain relatively sufficient employment and ensure household incomes grow and prices are stable.

 

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