On Thursday, China's President Xi Jinping admitted that the country was facing new economic "problems" and pledged to ramp up employment and fix its troubled property sector.
China's President Xi Jinping. Xinhua Photo
By: NewVision Reporter, Journalists @NewVision
Chinese stocks surged and major European indices mostly rallied Thursday as China signalled further stimulus measures aimed at lifting the world's second-biggest economy out of the doldrums.
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