Export Pressure

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Xinli: Lack of demand is more worrisome than inflation

Xinli, executive vice chairman of China International Economic Exchange Center, said 2nd in an interview with China Securities News reporter that this year's economic growth in demand is more worrying than inflation.  In addition, he considered that it would be appropriate to adjust the tax starting point to $3000 according to the national wage level. Xinli that this year's economic situation is more serious. Investment would fall, export pressure would be higher, and consumption might fall after the stimulus expired. Due to frequent trade protectionism, China's export situation is not optimistic. But can be exported through export-driven goods, through to the sea ...

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