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China to implement more policies to stabilize jobs amid growing pressure

China Materials 4 December 2019 15:53 (UTC +04:00)
China will implement more forceful policies to stabilize employment
China to implement more policies to stabilize jobs amid growing pressure

China will implement more forceful policies to stabilize employment, state television CCTV said on Wednesday, citing a state cabinet meeting chaired by premier Li Keqiang, Trend with reference to Reuters reports.

With China’s economic growth cooling to near 30-year lows and industrial profits shrinking, speculation is mounting that Beijing needs to roll out stimulus more quickly and more aggressively, even if it risks adding to a pile of debt.

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