Trivium Neopol - Econ and Finance | Logo 26 May 2022

Li rebuts consumption resumption assumption with gumption

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At Wednesday's emergency meeting on the economy, Premier Li Keqiang also addressed the government’s plan to boost flagging consumption.

Some context: Consumption has been weak since the beginning of the pandemic.

In April, the outlook was downright apocalyptic, as retail sales dropped 11.1% y...


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