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China Confident in Minimizing External Uncertainties, Sustaining Health Growth: NDRC

Summary by Global Times
China is confident and also capable of minimizing the uncertainty and adverse impacts of external shocks, promoting sustained and healthy economic growth as existing stimulus policies take effect, to be reinforced by new pro-growth measures being planned by the government, Li Chao, spokesperson for the National Development and Reform Commission (NDRC), the country’s economic planner, said on Thursday.

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The macroprudential stability analysis published by the National Bank of Moldova (BNM) for the first quarter of 2025 indicates a very low risk of direct contagion within the local banking system, since domestic interbank exposures amount to only 1.5 million MDL, i.e. 0.01% of total net placements. The simulated stress tests on this channel did not generate situations of potential insolvency; the internal contagion index remains at "insignificant…

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Bani.md broke the news in on Wednesday, June 25, 2025.
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