China’s top economic official have stepped in to reassure investors, claiming that Beijing will take measures to support the Chinese economy and financial markets. The comments follow a sharp sell-off that has been partly fuelled by reaction from Russia’s invasion of Ukraine. Liu He, a vice-premier and economic adviser to the Communist party executive, says the government will take measures to “boost the economy in the first quarter”, and introduce “policies that are favourable to the market”. He said he’s convened a meeting of the State Council’s Financial Stability and Development Committee where details will be hammered out before being […]
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