Growth under pressure due to overcapacity – China’s NDRC

FXStreet (Mumbai) – China’s National Development and Reform Commission (NDRC) chairman Xu Shaoshi said on Wednesday that growth in the world’s second largest economy is under pressure due to overcapacity.

Key Quotes

China is confident about growth prospects

China faces relatively big downward pressure

China targets industrial cooperation with 15 countries

China’s National Development and Reform Commission (NDRC) chairman Xu Shaoshi said on Wednesday that growth in the world’s second largest economy is under pressure due to overcapacity.

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