Chinese Premier Li Qiang speaks at a press conference after the closing ceremony of the National People’s Congress at the Great Hall of the People in Beijing, on Monday. Photo: AP Photo
Is China’s new premier Li Qiang good for the stock market? Analysts say they like his pro-growth, market-friendly approach
- Li Qiang, who has a pro-business reputation, stresses he will pursue stable growth through macro policies, domestic demand and innovation in his first media interaction
- Li’s unwavering support for the private sector and prospect of further reforms offer some tailwind for struggling equities, traders and analysts say
Chinese Premier Li Qiang speaks at a press conference after the closing ceremony of the National People’s Congress at the Great Hall of the People in Beijing, on Monday. Photo: AP Photo