China faces increased economic risks in second half: state planner

From reuters.com

China’s economy is facing increasing risks in the second half of the year and policymakers need to step up efforts to hit key development goals as U.S. trade tensions intensify, the head of the state planning agency warned. “Targets in economic growth, employment, inflation and exports and imports can be achieved through effort,” He Lifeng told the standing committee of the National People’s Congress on Tuesday, according to a statement on the National Development and Reform Commission’s (NDRC) website. “But to achieve growth goals in consumption, outstanding total social financing and urban disposable ... (full story)