Economics
China Premier’s Cautious Take on Economy Boosts Commodity Pessimists
- Premier Li Keqiang says economy faces ‘new downward pressures’
- Property curbs will keep weighing on steel demand: Baosteel
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Premier Li Keqiang’s latest message on China’s fragile economy should embolden commodities investors betting on strong headwinds for demand into 2022.
The economy is facing new downward pressures, Li said in a radio address that highlighted difficulties facing small and medium-sized companies in particular.