News Snapshot:
China cabinet says will ensure economic operations stay within reasonable range China cabinet out with some remarks - Will roll out policies to further boost consumption - To maintain stability, continuity, and strengthen effectiveness of macro policies - Economy faces challenges from sporadic COVID-19 cases, high commodity prices - To strengthen coordination between fiscal, financial, employment policies The remarks here aren't anything new but the timing here is the most important thing. In other words, China is giving some reassurance that they will stick with supportive measures for the economy and not threaten any major destabilisation. At least that is...
