Chinese Premier Li Qiang
went to the World Economic Forum in Davos last week with a
mission to present a positive image of the economy and schmooze
financial elites: Investing in the Chinese market is. -January 24, 2024 at 04:13 am EST
- MarketScreener
BEIJING : Chinese Premier Li Qiang went to the World Economic Forum in Davos last week with a mission to present a positive image of the economy and schmooze financial elites: "Investing in the Chinese market is not a risk, but an opportunity."The message fell flat.As soon as Chinese markets reopen
​China s central bank will cut the amount of cash that banks must hold as reserves from Feb. 5, the first such cut for the year as policymakers extend efforts to shore up a fragile economic recovery amid plunging stock markets.
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China s capital city Beijing
has set a growth target of around 5% for 2024, surpassing last
year s target of above 4.5%, despite expectations of slower
growth for the national economy. . -January 22, 2024 at 04:51 am EST
- MarketScreener