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China eyes incremental policies to shore up growth

From ecns.cn

China is mulling new incremental policies to shore up economic growth and will make further adjustments when necessary, a senior economic official said on Thursday. "There is sufficient room for fiscal, monetary policy and other policies, and we have various policy tools," Han Wenxiu, the official with the Central Committee for Financial and Economic Affairs, said at a press conference in response to questions on China's economic development. "We have rich experience in coping with downward pressure on the economy, and will not hesitate to take steps," Han said. The official's comments follow the Chinese authorities' ... (full story)

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  • Category: Fundamental Analysis