China says will strengthen policy coordination in order to meet growth target

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  • To strengthen coordination of various policies to boost growth
  • To continue to expand policy room to bolster consumption, promote investment
  • Will make greater efforts to attract and utilise foreign investment
  • To fend off major risks

The cabinet meeting is said to be held amid mounting economic woes in the country. But it just appears to be a bit of a timely message I would say to try and comfort markets and the public. I mean, if you look at the Google trends image below, you can see that there is skyrocketing interest in the Chinese economy all of a sudden. And that isn’t a good thing.

This article was written by Justin Low at www.forexlive.com.

Go to Forexlive

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