China state planner says has ample room and tools to support economic recovery

The National Development and Reform Commission of the People’s Republic of China (NDRC) ins the country’s ‘state planner’:

• Approved 97 fixed-asset investment projects worth a total of 916 bln
  yuan in January – October
• Expects China’s economy to sustain recovery momentum in November and December
• China
  has ample policy room, tools to support economic recovery

This article was written by Eamonn Sheridan at www.forexlive.com.