China's Economic Crisis: Implications for Premier Li Qiang and the Global Economy

1 min read
Source: South China Morning Post
China's Economic Crisis: Implications for Premier Li Qiang and the Global Economy
Photo: South China Morning Post
TL;DR

Premier Li Qiang is facing a challenging task of repairing China's struggling economy during his first five months in office. While he has been promoting President Xi Jinping's agenda and attempting to empower the economy, observers are questioning the effectiveness of his policy toolbox and whether more concrete actions will be taken to restore confidence in the economy.

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