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China has plenty policy tools in reserve to cope with slowing economy: State planner
China has "relatively plenty" policy tools in reserve to cope with a challenging year ahead and will roll out these measures in a timely manner to stabilise growth, the country's state planner said on Tuesday (Jan 18). Yuan Da, spokesman for the National Development and Reform Commission, told a news conference the government will quickly roll out policy measures to boost domestic demand and study targeted measures to bolster industrial production.The world's second-largest economy rebounded in 2021 with its best growth in a decade, helped by robust exports, but momentum is slowing on weakening consumption, weighed ... (full story)