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China ‘Fine Tuning’ Economic Policy

June 9, 2012
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Vintners looking to import into China need to be aware of the Chinese economy. Li Daokui, a former advisor to the People’s Bank of China and now a professor of economics at Tsinghua University, told the BBC that the Chinese government is focusing on fine tuning policy to ensure economic growth does not slow too much.

Li said in an interview, which can be viewed here, that he believes growth should stabilise, or perhaps pick up slightly, by the third quarter of this year. He said If weak global growth were to hit China, any stimulus measures would be targeted at small and medium-sized companies

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