Government won't roll out major stimulus - China's Vice FinMin

FXStreet (Bali) - According to China’s Vice-Finance Minister Zhu Guangyao, cited by China Securities Journal via MNI, the government will not roll out major stimulus measures.

Additional headlines, via MNI, included: "China will closely watch changes to the Fed’s monetary policy, and should also watch for any major policy adjustment by the European Central Bank."

Zhu also added that "no major stimulus is needed to tackle temporary and short-term economic volatility because such a move would only endanger Beijing’s long-term development strategy."