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China defends economic response to Covid-19

Premier Li says Beijing has room for fiscal and monetary measures and will protect businesses and livelihoods

Beijing's focus is now to stabilise the economy and generate jobs. The official unemployment figure is 6 per cent, but economists think it is closer to 20 per cent.


CHINA'S economy will grow this year and the government still has room to accommodate fiscal and monetary measures, said Premier Li Keqiang at a press conference in Beijing on Thursday.

In his annual meeting with the media at the Great Hall of the People, he reaffirmed China...

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