On the sidelines of the World Economic Forum (WEF), the People’s Bank of China (PBOC) Adviser Ma Jun said that China’s economy is likely to grow more than 6% this year and hence, will not need “very big, new stimulus measures” to stimulate growth.
Key Quotes:
“If the Sino-U.S. trade relationship does not deteriorate further, the possibility of keeping gross domestic product (GDP) growth over 6% this year is rather big,”
“There should be no need to take very big, new stimulus measures.”
Share
