Quotes
It is essential to... enhance both bottom-line thinking and extreme scenario thinking, with a strong focus on preventing and defusing trade risks,
a commerce ministry statement said We've been meeting with China."
But hours later, asked about the state of negotiations with Beijing, Trump maintained It takes time to monitor and evaluate the timing and the size of the trade shock,
We should take multiple measures to help enterprises in difficulties,
We must strengthen bottom-line thinking, fully prepare emergency plans, and do a solid job in economic work,
This means that as long as domestic consumption is effectively stimulated, China is capable of absorbing the decline in exports to the US. Before the pandemic, the normal growth rate of the country's total retail sales of consumer goods was between 8 and 9 percent,
If any fiscal resolution indicated by the upcoming meeting is approved by the NPC Standing Committee, it would buttress Beijing's determination to achieve growth despite the trade hardships,
While the 5.4 percent GDP growth rate in the first quarter is a good start, key indicators like the consumer price index and producer price index suggest that weakness in domestic demand still persists,
said Xiong Yuan, chief economist at Guosheng Securities Concrete steps will follow to stabilize growth, employment, and expectations while expanding domestic demand,
Finding patience to play the long game, the end-April meeting will stick to the policy framework of 'high-quality development' and will not take an all-out approach."
We expect incremental funds of 1.5 trillion yuan, or 1 percent of GDP, on top of the budget approved earlier this year. End-demand, especially consumption, should be more a focus than investment this time, given the nature of the tariff shock,
Citi analysts said in a report on Monday
