• China’s Premier Li urges policy fine-tuning as economic woes mount – Bloomberg

Market news

4 November 2021

China’s Premier Li urges policy fine-tuning as economic woes mount – Bloomberg

China’s Premier Li Keqiang said during a meeting with the State Council on Wednesday, fine-tuning of policies, as economic challenges grow amid resurgent coronavirus cases and power shortages, per Bloomberg.

“Li called for authorities to ensure the supplies of major agricultural goods and improve the capacity of reserves, Bloomberg reports, citing state broadcaster CCTV.

The comments by China’s No. 2 leader come shortly after he said the economy faces new downward pressures and called for cuts in taxes and fees to ease pressure on small and medium-sized companies. 

Related reads

  • China’s President Xi: Will ensure smooth supply chains
  • AUD/USD stalls the post-Fed bounce above 0.7450 on mixed Australian data
Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.