China's Xi calls for action on economy

Automatic TRANSCRIPT

All right up Bremer gonna pick it up now taking a look at some of the day's big news China's top leaders to signal a greater focus on reviving an economy pummeled by the corona virus Chinese president xi Jinping said after polit bureau meeting fiscal policy will be more proactive construction projects in fact will be accelerated deputy governor Lee Kwok Cheong said in a separate statement the PPO see will free up part of their services and commercial lenders to at least long term funding to the economy he says will also consider adjusting the benchmark deposit rate at an appropriate time the epidemic is weighing on an economy that was already growing at its slowest in three decades ratings company S. and P. global warns that a prolonged public health crisis could cause the bad loans ratios in China's banking system to more than

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