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As trade war heats up, China’s premier wants focus on positive market expectations

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Li Qiang tells State Council study session in Beijing that market economy is ‘largely an expectation economy’.
Chinese authorities are making every effort to reassure businesses and individuals about China’s economic growth potential as a full-blown trade war with the United States dampens confidence and threatens jobs.
At a State Council meeting in Beijing on Thursday that focused on guiding market expectations, Premier Li Qiang called on officials to promote positive expectations to “form a strong synergy in society to cope with risks and challenges”.

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