cross-posted from: https://mander.xyz/post/57221757
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China’s premier, Li Qiang, suggested … that efforts to bolster overseas demand for goods could be used to make up for weak domestic demand.
“Currently, the problem of insufficient domestic demand remains prominent, some industries and enterprises are facing increasing difficulties, and uncertainties in external environment are rising,” Li told a meeting of China’s state council.
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Next week from Reuters, Bloomberg and the FT will be the quarterly “China growth beats predictions at 5%” report