Chinese leadership greenlights loosening stance

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Chinese leadership greenlights loosening stance

Xi Jinping 230 x 150
China's President Xi Jinping speaks during during the official welcoming ceremony for the panda couple Meng Meng and Jiao Qing at the Zoologischer Garten zoo in Berlin. (Photo by Emmanuele Contini/NurPhoto) *** Please Use Credit from Credit Field *** | NurPhoto/SIPA USA/PA Images

China’s top policy bodies got behind a loosening of the policy stance to give China’s lagging economy a boost, as Trump’s trade war continues to push the renminbi lower and creating more uncertainty on China’s growth prospects.

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