China needs more active fiscal policy as pressure on its economy is still increasing, according to an article by Finance Minister Liu Kun published in the official People's Daily on Thursday.
BEIJING/SHANGHAI: Chinese shares closed lower on Thursday as investors worried about a prolonged recovery in the economy, while awaiting more active stimulus policies to cushion the blow from the Covid-19.
The Shanghai Composite index ended 0.96% lower at 2,870.34.
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