Premier Li Keqiang has ruled out an all out stimulus to arrest China’s slowing growth. Photo: EPA-EFE

China will not use ‘all-out stimulus’ to boost slowing economy, Premier Li Keqiang says

  • Premier Li Keqiang says China will continue opening up its economy to foreign firms at 1+6 meeting with major international economic organisations
  • China’s economy is growing at its slowest pace in decades, amid a trade war with the US and slowing domestic consumption
Topic |   China economy

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Premier Li Keqiang has ruled out an all out stimulus to arrest China’s slowing growth. Photo: EPA-EFE
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Zhu Yunlai, the former president of China International Capital Corporation (CICC), is widely viewed as a representative of reformist thinkers like his father Zhu Rongji. Photo: Sina

China needs reforms, not easing, to support growth, says son of former premier Zhu Rongji

  • Zhu Yunlai, the former president of China’s first investment bank, says it is ‘impossible’ to rescue any economy by printing money
  • Reforms and structured government policy are the key to China’s economic transformation, says the son of former Premier Zhu Rongji
Topic |   China economy

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Zhu Yunlai, the former president of China International Capital Corporation (CICC), is widely viewed as a representative of reformist thinkers like his father Zhu Rongji. Photo: Sina
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