China will step up policy support for the economy state media TODAY


Source: todayonline.com todayonline.com

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BEIJING : China will step up policy measures in timely way to support the economy while studying new stimulus plans, state media on Friday quoted Premier Li Keqiang as saying. China's worst COVID-19 wave since the Wuhan outbreak, the escalating Ukraine crisis and a sharp downturn in the domestic property sector are roiling the country's financial markets. "Currently, some emergency events in the international and domestic environment have exceeded expectations, and economic operations are facing greater uncertainties and challenges," Li was quoted as telling a group of economists and company executives. “We should implement policies in advance, step up policies...