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UBS On-Air: Paul Donovan Daily Audio 'China talks rather than acts'
Published 1 year, 3 months ago
Description
China’s much anticipated economy ministry press conference over the weekend did not give much detail. There were hints, and suggestions, and promises, but few clear proposals. International investors are looking for fiscal support because if consumers are restricting spending out of concerns for the future, monetary policy easing is unlikely to offer much help.