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China is on the verge of maintaining macro-policy stability in 2018. The Asian country will also take steps to reduce economic risks. That’s what state radio informed on Wednesday citing Premier Li Keqiang.
The government is going to deepen supply-side reforms by simply eliminating obsolete industrial capacity, as state radio quoted Li.
The Chinese economy found itself on track to meet the government's annual surge objective in 2017, but still facing some uncertainties, as Li told.
In the domestic economy the deep-seated contradictions are still striking, while various risks as well as hidden pitfalls can’t be neglected, Li added.
The Chinese economy has demonstrated better-than-anticipated surge of about 6.9% through the first nine months of 2017 due to firm government infrastructure spending, a sturdy property market as well as suddenly strengthening exports.
The country’s economy managed to ascend 6.7% the previous year, which is the slowest outcome in 26 years.
On Thursday, American leader Donald Trump unveiled that he generally disliked the Fed’s decision to have interest rates lifted, telling that he was concerned about their probable impact on the American economy as well as American competitiveness…
Inflation data is the most important indicator that affects the central bank’s monetary policy.
Although yesterday the US dollar index closed at the low level comparing to the daily movement, today it has been moving up again.
In February, Japan's exports probably ascended at the fastest pace for two years due to a softer yen as well as improving global demand, as a Reuters survey showed on Friday…
On Monday, stocks in Asia declined with markets in Japan unavailable for a holiday and traders watching oilfield-related stocks after a bankruptcy filing by Singapore's Ezra Holdings…
On Friday, the evergreen buck added against the Japanese yen and euro, drifting away from recent minimums, though revenues were capped as traders focused on a showdown between Donald Trump and members of his own party as for a fresh healthcare bill…
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