Pressure on China’s economy could be even bigger next year, China’s Premier Li Keqiang told the state media on Thursday.
“China will keep economic operation within a reasonable range,” Li added.
Amid the fact that Li delivered similar remarks back in late November, the market reaction stayed relatively muted. As of writing, the 10-year US Treasury bond yield was up 1.3% on a daily basis and the S&P 500 futures were posting small gains to suggest that Wall Street is likely to start the day slightly higher.
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