China plans to provide more support for its economy, including investing in infr...
FILE PHOTO: A Chinese flag flutters in front of the Great Hall of the People in Beijing, China, May 27, 2019. REUTERS/Jason Lee
As the world’s second-largest economy weathers its biggest slowdown in decades, the State Council said the government aimed to better integrate fiscal, financial and monetary policies, deepen capital market reforms and further open up the financial sector. China’s economy faces pressures from a bruising trade war with the United States. The two countries began imposing additional tariffs on each other’s goods on Sunday, the latest escalation in the trade dispute, despite signs that talks would resume some time this month.
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