Caixin
Jun 22, 2023 03:47 AM
ECONOMY

China Calls for Stimulus Mount From State Media and Top Advisers

00:00
00:00/00:00
Listen to this article 1x
The yuan weakened past the closely watched level of 7.2 per dollar Wednesday
The yuan weakened past the closely watched level of 7.2 per dollar Wednesday

(Bloomberg) — Chinese policymakers are facing growing calls for economic stimulus, this time from several prominent state media and top government advisers.

The country’s three main state-run securities newspapers published front-page articles Wednesday saying the central bank is likely to ease monetary policy further, citing well-known economists.

Separately, the government’s Xinhua News Agency reported that Wang Huning, the No. 4 official in China’s ruling Communist Party, held a meeting Tuesday with representatives of other Chinese political parties to discuss policy suggestions on reviving consumption.

loadingImg
You've accessed an article available only to subscribers
VIEW OPTIONS
Share this article
Open WeChat and scan the QR code