China's Li sees room to boost economy without opening floodgates

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China has room to stimulate an economy trying to recover in the wake of the coronavirus pandemic, but the government does not want to open the 'floodgates', Premier Li Keqiang said on Thursday at the end of the annual meeting of parliament.

BEIJING - China has room to stimulate an economy trying to recover in the wake of the coronavirus pandemic, but the government does not want to open the “floodgates”, Premier Li Keqiang said on Thursday at the end of the annual meeting of parliament.

And for the first time in 19 years, the government has refrained from setting an annual growth target, with the outlook muddied by the ongoing fallout from the pandemic. “We can introduce new policies in a timely manner, and we will not hesitate to maintain the stable operation of the Chinese economy, which is paramount,” he said.

Li said economic policy is focused on six priorities including job security and the survival of small firms. And the United States, Britain and the European Union have all expressed concern about the security legislation and its implications for China’s freest city.

Source: Financial Digest (financialdigest.net)

 

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I can assure you their proficiency is finest on editing the GDP in the backroom.

Hong Kong police arrest innocent kids for “unlawful assembly” on a busy street 香港的孩子下課回家路上,就被警察以非法集結罪名拘捕

Hong Kong police arrest innocent kids for “unlawful assembly” on a busy street 香港的孩子下課回家路上,就被警察以非法集結罪名拘捕

BoycottChina

Sure. Rob the Reserves of HK HKD4Trillion,all problems solved. Typical barbarian.

Perhaps boosting economy with BeltandRoad scam: making nations to take on debts they cant repay to build infrastructure they dont need using only China labour whilst filling officials’ pockets full of RMB Business is good

Boost economy through tapping into capital markets of free economies whilst doing manslaughter, shooting randomly at the lunch hour crowd in Central, cbd HongKong 👇🏻 How could a Totalitarian regime gain access to free markets in first place?

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