China Vows to Hit Economic Goals, Stops Short of Large Stimulus

  • Top planning agency wants to speed up investment in key areas
  • NDRC mainly repeats plans for economy, disappointing investors
WATCH: The chairman of China’s National Development and Reform Commission said boosting consumption is among the government’s top policy priorities.Source: Bloomberg
Lock
This article is for subscribers only.

China said it’s confident in reaching its economic targets this year and promised to further support growth, although it held back in unleashing more major stimulus in a disappointment to investors looking for more fuel for a world-beating stock rally.

Listen to the Here’s Why podcast on Apple, Spotify or anywhere you listen.