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CN Top Leaders to Convene Meeting on Measures for Econ Growth & Mkt Stability: Report
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China's top leaders plan to convene as early as today (9th) a meeting on measures to promote economic growth and stabilize the capital market, Reuters reported, citing sources. Earlier, reciprocal tariffs from the US officially took effect, bringing China's cumulative tariff rate to as high as 104%. It is understood that senior officials from various government and regulatory bodies will attend this meeting, where they may discuss measures to boost domestic demand and shore up the capital market, as well as proposals such as export tax rebates. In addition, some economic stimulus measures may be implemented over the coming weeks. AAStocks Financial News |
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