UPDATE 1-Liu He from China says support for private companies has not changed


Source: bollyinside.com bollyinside.com

Key Topics in this News Article:

News Snapshot:

Liu said “guidelines and policies for supporting the private economy have not changed…and will not change in the future,” according to a report from Xinhua news agency. BEIJING, Sept 6 (Reuters) – China’s Vice Premier Liu He said on Monday policies supporting the private sector would not change, state media reported, amid growing concern a crackdown on a wide range of industries was hurting businesses. China has launched a crackdown on a range of industries, leaving startups and decades-old firms operating in an uncertain environment and rattling investors in the world’s second-largest economy. He was speaking via video at a...