World News: 13:15 GMT Wednesday 17th April 2019. [Yahoo Business News Feed via SPi World News]
The stimulus move indicates Chinese leaders are stepping up attempts to bolster consumption and mitigate the threats posed by trade tensions with the U.S. The National Development and Reform Commission, which is said to have drafted the plan, didn’t immediately respond to a fax seeking comment. For a slowing global economy -- on display Wednesday with Germany’s government cutting its 2019 growth estimate -- China’s stabilization and the prospect of stimulus is a relief.
Read More: https://finance.yahoo.com/news/china-considering-stimulus-measures-bolster-100550493.html
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