Chinese media reported late in the evening, China time, that China’s Finance Minister Liu Kun asked for efforts to
- further implement a proactive fiscal policy
- support the real economy
- prevent and resolve local government debt risks
The fin min was at a “key meeting” in Beijing on Monday:
- the first plenary meeting of the Fifth Session of the Standing Committee of the 14th National People’s Congress, during
Xinhua News Agency with the report.
The weekend brought new supportive policies from China, focused on financial markets mainly:
This article was written by Eamonn Sheridan at www.forexlive.com. Source