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China Faces Renewed Downward Economic Pressures: Premier Li

CHINA PRESS
MNI (Singapore)

China should stabilise the economy via employment, taming prices, and ensuring supply, as unexpected changes in domestic and foreign situations have led to renewed downward pressure, Xinhua News Agency reported citing Premier Li Keqiang speaking at a work conference on Monday. Policies have already been announced should be implemented as soon as in H1 to help offset severe challenges, while local governments should shoulder the responsibility of safeguarding food and energy security as well as stabilising the industrial and supply chains, Xinhua cited Li as saying.

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