Structural reforms need to be the top priority of the Chinese government this year, Bloomberg reports, citing comments from Zhu Min, a former deputy managing director of the International Monetary Fund (IMF). Key quotes “In 2021, structural reform is the most important thing for China,” “If we keep on the 2020 path, we have the risk of returning to the old model, which is what we don’t want to see.” “China’s strong recovery from the pandemic was mostly fueled by higher investment and exports, while consumption was a drag.” “This worked against the country’s efforts over the past decade to shift to a consumption-driven economy.” Related reads China’s Pres. Xi: Meddling in others internal affairs would not get one any support USD/CNH: Further losses emerge on a breach of 6.5000 – UOB FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/USD targets the 1.2243 February high – Commerzbank FX Street 2 years Structural reforms need to be the top priority of the Chinese government this year, Bloomberg reports, citing comments from Zhu Min, a former deputy managing director of the International Monetary Fund (IMF). Key quotes "In 2021, structural reform is the most important thing for China," "If we keep on the 2020 path, we have the risk of returning to the old model, which is what we don't want to see." "China's strong recovery from the pandemic was mostly fueled by higher investment and exports, while consumption was a drag." "This worked against the country's efforts over the past decade to… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
