Li rebuts consumption resumption assumption with gumption
Subscribe to keep reading.
Sign up to stay briefed on what the Chinese government is doing, thinking, and saying.
Already a subscriber? Log in.
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...