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Further hints of efforts to boost consumption in China - from Prime Minister Li Qiang
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I posted earlier on:
Buried in that report is this exchange regarding the potential for China to increase exports to the UE, von de Leyrn concerned about this:
- von der Leyen said the EU “will not tolerate” Chinese goods hit by US tariffs being redirected to Europe
- made this point to Chinese Prime Minister Li Qiang in a call this week, and that he had replied that “this risk does not exist because they would stimulate the consumption in China”
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Economic recovery in China would be a welcome development.
China Premier Li Qiang
Source: Forex Live
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