(Reuters) – UNITED STATE Treasury Secretary Janet Yellen on Tuesday stated she has actually not yet seen plans revealed by China that would certainly resolve its reduced degree of customer investing as a share of its economic climate.
“Our view has been that raising consumer spending in China as a share of GDP (gross domestic product) is really important, along with measures to address problems in the property sector,” Yellen stated at an interview at the beginning of the International Monetary Fund and World Bank yearly conferences inWashington “So far I would say I haven’t really heard any policies on the Chinese side that address that.”
(Reporting By David Lawder; Writing by Dan Burns)
