China outlines strategy to meet economic challenges, from power crisis to Evergrande woes

1 month ago 67
China’s campaign to “curb the disorderly expansion of capital” across several sectors of the economy is on track to ease as the government shifts focus toward bolstering growth, according to a tone-setting commentary issued by state media.The report from the official Xinhua News Agency, which was republished by major newspapers including Securities Times and People’s Daily, outlined how the government was managing the 10 most pressing challenges facing the world’s No 2 economy.It also hints at…
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