China’s premier minister is trying to calm markets on slowing economic growth

14 Jan 2019 02:35 PM

Chinese Premier Le Keg yang commented on the recent negative economic data on state television, pointing out that the downward pressure on the economy has started to increase in recent times. But he tried to calm the markets by expecting the China economy to grow within the reasonable range in 2019.

The decision makers will not take new expansionary measures in an effort to stimulate the economy, he said, stressing that they will seek a good start to the economy in the first quarter of this year. For his part, he stressed that the economy has already achieved its objectives in 2018. In the end, he pointed out that favorable conditions will be set to achieve the main objectives for 2019.

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