Devdiscourse
Development News Edition
Give Feedback
VisionRI - Urban Development

Measures will be taken to keep economic operations within range: China on trade spat


Devdiscourse News Desk beijing China
Updated: 17-05-2019 08:43 IST
Measures will be taken to keep economic operations within range: China on trade spat

China reported surprisingly weaker growth in retail sales and industrial output for April on Wednesday, adding pressure on Beijing to roll out more stimulus as the trade war with the United States escalates.  Image Credit: Flickr

China's state planner said on Friday trade frictions with the United States has had some impact on China's economy, but it was "controllable" and countermeasures would be rolled-out when needed to "keep economic operations within a reasonable range". The National Development and Reform Commission (NDRC) gave its assessment during a press conference held in Beijing.

China reported surprisingly weaker growth in retail sales and industrial output for April on Wednesday, adding pressure on Beijing to roll out more stimulus as the trade war with the United States escalates.

(With inputs from agencies.)

COUNTRY : ChinaUnited States

POST A COMMENT