Friday , 22 November 2024
Home Forex More on China’s Premier Li weekend comments – “room for further macro policy steps”
Forex

More on China’s Premier Li weekend comments – “room for further macro policy steps”

I posted earlier on China’s Premier Li Qiang remarks to an audience of global CEOs and Chinese policymakers on Sunday at the China Development Forum in Beijing:

Reuters have a piece up on this if you want more.

ITs clear there is a desire in China to do more to boost the economy. As usual, though, there is a gap between these comments and details. And the days of ‘flood like’ stimulus are well in the past too.

This article was written by Eamonn Sheridan at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Goldman Sachs sees Brent price upside risks in short term, medium-term skewed to downside

Goldman Sachs: Sees upside risks to Brent prices in short term, with...

NZD has a quick drop

The Reserve Bank of New Zealand embarked on its rate cutting cycle...

PBOC says will prevent ‘one sided’ expectations on yuan

People's Bank of China official says:We will prevent the formation of one-sided...

Australian Dollar extends gains despite  mixed PMI

The Australian Dollar (AUD) continues to strengthen against the US Dollar (USD)...