China's politburo out with a statement 24 July
- will implement proactive fiscal policy, prudent mon pol
- will deepen supply-side reform
- will strengthen coordination of financial regulation
- will stabilise property market
- will prevent systemic financial risks
- will resolutely curb increase in hidden local govt debt
More of the same from China's great n good trying to convince themselves as well as their loyal followers who I'm sure hang on to their every word ( or rather they have to). A bit repetitive for the rest of us though.
Two keen followers of repetitiveChinese rhetoric
