Tuesday, October 22, 2024
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Haven’t but seen a China plan to restore its decreased buyer investing


(Reuters) – UNITED STATE Treasury Secretary Janet Yellen on Tuesday acknowledged she has truly not but seen plans revealed by China that will surely resolve its decreased diploma of buyer investing as a share of its financial local weather.

“Our view has been that raising consumer spending in China as a share of GDP (gross domestic product) is really important, along with measures to address problems in the property sector,” Yellen acknowledged at an interview initially of the International Monetary Fund and World Bank yearly conferences inWashington “So far I would say I haven’t really heard any policies on the Chinese side that address that.”

(Reporting By David Lawder; Writing by Dan Burns)



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