China's government has been seeking advice from its think-tanks and policy advisers on how to counter potential trade penalties from U.S. President Donald Trump, getting ready for the worst, even as they hope for business-like negotiations.
China's economic growth is expected to cool to 6.6% this year and slow further to 6.5% in 2017, even as the government keeps up policy support to help ward off a sharper slowdown, a Reuters poll showed.
On the face of it, China's central bank has room to cut interest rates to try to lift the economy, but sources say evidence companies and banks are hoarding cash has reinforced policymakers' view there is no major benefit in easing policy further.
Xia Xiaokang and Bruno Chen, who both run private-sector companies, are the sort of businessmen that Chinese leaders are increasingly concerned about as economic growth slows.
China's leaders sound more confident that the world's second-largest economy has arrested a slide in growth to quarter-century lows, but their policy advisers caution it is too early to call an end
China has many policy tools at its disposal to fend off financial risks and will improve its communication with markets, Premier Li Keqiang said on Monday.
China's top leaders pledged on Monday to keep economic growth within a reasonable range this year, state radio said after a meeting of the Politburo chaired by President Xi Jinping.
Chinese policymakers emerged from the Lunar New Year hiatus with one collective message for nervous investors at home and abroad - Beijing will put a floor under the slowing economy, keep its curre
