China's state planner says need to roll out stimulus measures
The 'state planner' is, of course, the National Development and Reform Commission of the People's Republic of China (NDRC).
- China - US trade friction has certain impact on China's economy, but controllable overall
- Says needs to roll out countermeasures in time to maintain china's economic operation within reasonable range
Trade war weighing on China's economy. Authorities in China will boost stimulus to counter this, but recent data has not been great, showing its not going to be an easy road.
Trump and Xi will meet in June at the G20. Hopes are up for some sort of agreement. We'll see.