China state planner says household consumption capability, confidence needs to be improved

Forex Short News

China state planner spokesperson:

  • We are aware that household consumption capability and confidence needs to be improved
  • We are aware companies’ competition has intensified
  • Will study further increasing support from central govt to reduce funding pressure for local govts for people’s livelihood projects
  • Will investigate dumping cases, misleading promotions, improve governance of ‘disorderly competition’

This article was written by Eamonn Sheridan at investinglive.com.