I had the headline up earlier: China Securities Journal: China needs detailed policies to stabilize trade
Here is more now. The official China Securities Journal said in a front page editorial:
- The government should unveil detailed policies to help exporters as soon as possible as the peak season for overseas orders approaches
- Said the recovery in exports shouldn’t be overestimated
- Noted that the first half’s 1.2% growth is far from this year’s target of 7.5% & many exporters are complaining about a lack of details on the government’s pledges to help them, making them wary of taking new orders
- Also warned that smaller-than-expected export growth could indicate that the overseas recovery is weaker than anticipated
–
Details via MNI
