China's Economy Under Pressure

This is a China news story, published by CNBC, that relates primarily to Liu Shijin news.

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top Chinese economic policymakers

CNBC

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China stimulus calls are growing louder — inside and outside the country

Summary

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80% Informative

China should issue at least 10 trillion yuan ( $1.42 trillion ) in ultra-long government bonds in the next year or two , says Liu Shijin .

China 's economy has remained under pressure from a real estate slump and tepid consumer confidence.

"The current policy to stabilize the property market is clearly not enough," says Xu Gao , Beijing -based chief economist at Bank of China International .

China 's economy still grew by 5% in the first half of the year .

Exports surged by a more-than-expected 8.7% in August from a year earlier .

The PBOC on Friday left one of its key benchmark rates unchanged.

Nomura 's Chief China Economist Ting Lu said the economy could face a second wave of shocks.

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English

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