China's Li Keqiang: country is committed to opening up economy
|Premier Li Keqiang is out on the wires stating that China is committed to opening up the economy and needs to increase support for private and small and micro enterprises.
“The demand for loans from enterprises is very strong, but the problem is that private enterprises with demand, especially small and micro enterprises, cannot borrow money, and banks not only have strict conditions for granting loans, but also are afraid of taking risks and responsibility,” said Li during the State Council executive meeting, according to Asia Times.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.