China says will not alter policy because of one economic indicator


Chinese Finance Minister Lou Jiwei says would not change its policy just because of an economic indicator was below expectations - AFP Photo.

BEIJING: China will not dramatically alter its economic policy because of any one economic indicator, Finance Minister Lou Jiwei said on Sunday, in remarks that came days after many economists lowered growth forecasts having seen the latest set of weak data.

Lou made the comments at a meeting of finance ministers and central bank governors from the G20 countries in Australia, according to a statement from the People's Bank of China, China's central bank.

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