BEIJING The Chinese government has additional monetary policy measures that it can take to support economic growth this year, and will even cut "its own flesh" to help finance large-scale tax cuts, Premier Li Keqiang said on Friday.
Peking China kommt den USA im Handelsstreit mit besserem Schutz von ausländischen Investitionen entgegen.
BEIJING, March 15 China can use reserve
requirements and interest rates to support economic growth,
Premier Li Keqiang said, promising broad policy steps to prevent
a sharper deceleration as the world's second-biggest economy
expands at the slowest pace in nearly three decades.
BEIJING Chinese Premier Li Keqiang, addressing scepticism over enforcement of a new foreign investment law, pledged on Friday that the government will follow through and do what the legislation promised in protecting foreign firms.
BEIJING Growth in China's industrial output fell to a 17-year low in the first two months of the year and the jobless rate rose, pointing to further weakness in the world's second-biggest economy that is likely to trigger more support measures from Beijing. | Video
BEIJING China's central bank on Sunday pledged to further support the slowing economy by spurring loans and lowering borrowing costs, following data that showed a sharp drop in February's bank lending due to seasonal factors.
BEIJING China sought to shore up its slowing economy through billions of dollars in planned tax cuts and infrastructure spending, with economic growth at its weakest in almost 30 years due to softer domestic demand and a trade war with the United States. | Video
Peking/Berlin Inmitten des Handelsstreits mit den USA stemmt sich Chinas Führung mit milliardenschweren Steuersenkungen und Investitionen gegen eine heraufziehende Flaute.
BEIJING China's leaders will pledge in parliament next week to keep the country on safe footing as the economy faces its biggest test in years, amid pressure to roll out more measures to bolster growth and revive weak business and consumer confidence. | Video
BEIJING China's central bank is not yet ready to cut benchmark interest rates to spur the slowing economy, despite cooling inflation and a stronger yuan, which have fanned market expectations of such a move, policy sources told Reuters.