Xi’s No. 2 Urges More Support for Economy After Big Growth Slump

Premier Li Qiang, China's No. 2 leader, has called for increased economic support measures after data revealed significant weakness in the nation's economy in July, likely pushing growth further below the government's annual targets. This comes amid growing concerns about the economic slowdown and its potential impact on global markets. Li's call suggests a shift towards more aggressive policy interventions to stabilize and boost the economy, signaling a recognition of the urgency to address these challenges.