Chinese Premier Li Qiang downplayed investor concerns of challenges facing the economy, saying Beijing is stepping up policy support to spur growth and systemic risks are being addressed.
There’s still plenty of space for macroeconomic policies to be expanded because consumer price growth is “relatively low” and the central government’s debt level is not high, Li said during a keynote speech at the China Development Forum on Sunday. China’s overall demand is “still insufficient,” he said.
Chinese Premier Downplays Economy Risks, Highlights Policy Space - Bloomberg
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