China Considers Targeted Measures

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

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Chinese President Xi Jinping

CNBC

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World

China pledges to ramp up targeted support for businesses as U.S. trade war hits

Summary

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87% Informative

China plans to help struggling businesses with targeted measures in the face of "increased external shocks" The Politburo meeting readout also called for "timely reduction” of interest rates and the reserve requirement ratio.

Major Wall Street banks have cut their China GDP forecasts for the year as a result.

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English

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