China mulling new economic policy tools says Chinese Premier Li Qiang

Chinese Premier Li Qiang spoke in a symposium with Chinese firms in Jakarta over the weekend. Info from state news agency Xinhua, via Reuters:.

• China is weighing new policy tools in the face of an international economic and trade order that is “under severe impact”
• “The fragmentation of industrial and supply chains has deepened, and trade barriers have increased, which has had a great impact on the economic development of all countries”
• China is studying new policy tools, including some “unconventional measures”, which will be launched as the situation changes
• China will continue strengthening economic cooperation with more countries

Li is on a three-day visit to Indonesia until Monday and will then travel to Malaysia for the ASEAN-GCC-China Summit.

This article was written by Eamonn Sheridan at www.forexlive.com.