On Tuesday, China’s Politburo, the country’s top leadership, said they “will implement prudent monetary policy, proactive fiscal policy.”
Additional quotes
Will flexibly use policy tools, including Reserve Requirement Ratio (RRR) and interest rates.
Will actively expand domestic demand.
Discussed property measures.
Will coordinate and study on policy measures to resolve home inventories.
Will ensure debt-laden provinces and cities to reduce debt burden, meanwhile developing steadily.
Will promote healthy development of capital market.
Economic recovery still faces multiple challenges.
Will support private firms to explore overseas markets.
Will step up efforts to attact and utilize foreign capital
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
Hot
No comment on record. Start new comment.