China’s Communist Party Politburo says will take measures to expand domestic demand

Noticias del mercado

30 julio 2019

China’s Communist Party Politburo says will take measures to expand domestic demand

Economic operations remained within a reasonable range in the first half of 2019
Economy faces increasing downwards pressure
To stabilize investment in the manufacturing sector
Reaffirms efforts to stabilize employment, investment and foreign trade
To make fiscal policy more effective
Says won't resort to using property/real estate as short-term stimulus measure
To boost consumption with more reform-linked measures
Says will continue to cut fees, taxes
Will keep monetary policy neither too tight or too loose
Will keep liquidity reasonably ample
Will deal with trade issue with effective measures

China's property market is not out of the woods yet – Standard Chartered

USD/JPY: Tough resistance overhead – Commerzbank

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