China to hold a briefing on market stabilization

16:06 - 6.05.2025


May 6, Fineko/abc.az. On May 7, the Chinese authorities - the People's Bank of China, financial regulators and the Securities Commission — will speak at a press conference to present measures to support the economy and stabilize markets.

ABC.AZ informs that the briefing will take place against the backdrop of trade pressure from the U.S. and slowdown in growth, which may prevent China from reaching its planned 5% of GDP this year. The focus is on the Central Bank's policy and possible steps to stimulate the economy.