Bo Zhuang

Chief Economist and Director, China Research
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China moves into ‘go’ mode after weak data

Overview

At this month’s World Economic Forum in Tianjin (aka the “Summer Davos”), Prime Minister Li Keqiang reiterated that China’s growth has remained within a reasonable range so far this year, despite fluctuations in July and August. He said the government had made employment the priority over GDP growth and that the labour market remained solid: almost 10 million new jobs were created in the first eight months of 2014. The authorities will continue to rely on targeted easing and reform...

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