Logo 22 Feb 2022

RMB 1.1 trillion reasons to dream

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On Tuesday, Minister of Finance, Liu Kun, and two of his deputies (let's just call them collectively "the MoF") gave a presser on fiscal policy.

The message: More relief is coming, but it will be targeted, targeted, targeted.

This echoed Liu's People’s Daily op-ed on Monday, where he undersco...