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China’s State Council considering various macroeconomic policies to boost demand

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China’s State Council met on Friday. Premier Li Qiang chaired the meeting.

In a statement after, said:

  • the Council considered a batch of macroeconomic policies designed to expand “effective demand”, strengthen the real economy and defuse risks in key areas:
  • “it is imperative to introduce policies that are more powerful”
  • “Policies that meet the necessary conditions should be promptly unveiled and implemented without delay,”

The statement was light on details though – there were none.

Info via China media outlets.

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