Economics

China Shifts Focus to Economic Stability as Growth Weakens

  • Monetary policy will remain flexible, targeted: statement
  • Analysts say property restrictions will likely be retained
WATCH: China stressed that it will aim to keep the economy growing in a stable manner next year. Stephen Engle reports.Source: Bloomberg
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China stressed it will aim to keep the economy expanding in a stable manner next year as it looks to counteract the effects of a housing market slump and slower growth.