China will not resort to a deluge of strong stimulus policies: China's Finance Minister - Xinhua

Omkar Godbole FXStreet Contributor

China will adopt a more proactive fiscal policy but will not resort to a deluge of strong stimulus policies, China's finance minister Liu Kun said during an interview with Xinhua.

Key quote

Fiscal policy should be more forward-looking, flexible and effective to play a bigger role in boosting demand, restructuring the economy and promoting high-quality development.

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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