Xi’s No. 2 Signals Openness to Policy Shift as Tariffs Hit (1)

Chinese Premier Li Qiang said government officials need to ensure market confidence at “critical moments” with prompt and proactive policy measures, comments that appear to signal urgency to shore up the economy as the trade dispute with the US worsens.

Market expectation is a key factor influencing economic activity and managing that must be integrated into all aspects of policymaking and governance, he told a study session of the State Council on Thursday.

Officials “must harness the strength of policies, dare to step outside the norm when needed, and deliver a well-coordinated policy mix to ensure the market truly feels ...