Nothing really of note, all mom and apple pie (or whatever the China or G20 version is):
- Monetary policy should keep prices stable
- World economy cannot continue to go downward without limit
- We should be against all types of protectionism
- China economy is still the stabilizer of world economy
- Countries should consider policy spillover effects
- China economy growing steadily
Headlines via Bloomberg
--
These are the sorts of themes we expected from the G20 meeting - grow trade, warnings on protectionism. Nothing as yet on fiscal policy not Brexit, which are also expected to feature.
-
Li sill going:
- China economy faces long-term downward pressure
(ps. This from earlier in the WSJ:
Discord Between China's Top Two Leaders Spills Into the Open
President Xi and Premier Li offer conflicting messages on the economy, showing a crack in party's united front
May be gated)
-
More:
- China to keep proactive fiscal policy
- To push forward reforms
- Keep prudent monetary policy
- Has policy reserves to face economic challenges
- To push forward structural tax cuts
- To revamp old growth drivers, cut overcapacity
- To cut non financial companies leverage ratio
- Keep yuan exchange rate stable at reasonable level, never to enter currency war