The Wall Street Journal (WSJ) published an article on Chinese Premier Li Keqiang, showing how he helped the economy avoid a noticeable slowdown.
“With China mired in its worst economic crisis in recent times, the Mr. Li is helping to pressure China’s authoritarian leader to reverse some measures that moved the country away from Western-style capitalism and contributed to China’s economic slowdown, according to government officials and advisers close to decision-makers.”
“Under Mr Li’s influence, those people said, Beijing recently eased a regulatory crackdown on private tech companies, loosened lending to property developers and home buyers, and moved to help some manufacturers resume production.” when much of China has been forced into lockdown by Mr. Xi Jinping’s zero-Covid policy.”
Source: Fx Street
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