China State Planner: China faces more challenges in achieving stable economic development

Omkar Godbole FXStreet Contributor

China State Planner Chief is out on the wires stating the world's second-largest economy is facing more difficulties in achieving stable and healthy economic development.

Key quotes (Source: Reuters)

Need more efforts to achieve growth targets in consumption, outstanding social financing, disposable income.
Will keep liquidity reasonably ample.
China will expand effective domestic demand.
Will prioritize stabilizing employment.
Will control intensity and pace of deleveraging.
Will resolutely curb rises in property prices.

Author

Omkar Godbole

FXStreet Contributor

Omkar Godbole, editor and analyst, joined FXStreet after four years as a research analyst at several Indian brokerage companies.

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