WORLD - DAVOS
China Moves Cautiously in Face of Economic Slowdown
Forget the big stimulus measures of the past. Debt levels make that difficult.
By Lingling Wei
Jan. 20, 2019 9:25 a.m. ET
BEIJING—With Chinese stocks tanking over slowing growth in the domestic economy and the trade fight with the U.S., China’s top securities regulator sought to project some confidence at a closed-door meeting last fall.
“Spring isn’t far away,” Liu Shiyu, chairman of the China Securities Regulatory Commission, told more than a dozen major private-equity and stock investors in October, according to people with knowledge of the event.
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READ MORE: https://www.wsj.com/articles/china-moves-cautiously-in-face-of-economic-slowdown-11547994330
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