News Snapshot:
BEIJING (Reuters) – China will keep its economic operations within a reasonable range over the next 18 months and take “comprehensive measures” to ease rising commodity prices, Premier Li Keqiang was cited as saying on the government’s website on Tuesday. Giving an outlook for the second half of 2021 and next year at a meeting with economic experts and entrepreneurs on Monday, Li said China would maintain continuity and stability in its macro policies and would not resort to flood-like stimulus, according to the statement. China’s central bank last week said it would cut the amount of cash banks must...
