China’s FinMin Liu: China’s economic growth to maintain at 6-6.5%

Dhwani Mehta FXStreet

Reuters reports the following comments from Chinese Finance Ministry Liu Kun delivered at an Italy-China financial dialogue in Milan.

The Chinese government has the confidence that its annual economic growth can remain within the 6-6.5% range.

The act of protectionism - which is the shielding of a country’s domestic industries from foreign competition by taxing imports - could meanwhile harm global growth.

To deal with protectionism, Beijing will continue to promote the importance of having organizations that bring countries together in openness and inclusiveness, such as the World Trade Organization and the Group of 20 summit.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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