More from Li Keqiang says will keep yuan basically stable
- Says China will keep prudent monetary policy neutral
- will keep monetary policy not too loose, not too tight
- will maintain reasonably steady liquidity
- will keep proactive fiscal policy unchanged
More:
- will achieve substantial progress in supply-side reform
- will keep macro leverage ratio basically steady
- will effectively control various risks
- will maintain stability and continuity in macro policy
- China will step up reform and opening up
- will deepen fiscal and tax reforms
- will also deepen financial system reform
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Bit of a cavalcade of headlines from China this morning, I'll get a summary of the important stuff up a little later ... but for now the gist from Li is
- growth target roughly unchanged
- other targets also fairly steady
- Stability a focus, but reforms also
