China’s economy resilient despite uncertainties caused by Ukraine crisis


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Economy6 hours ago (Mar 06, 2022 09:51PM ET)

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China's economy resilient despite uncertainties caused by Ukraine crisis - state planner
© Reuters. People wearing protective masks visit a main shopping area in Shanghai, China January 21, 2022. REUTERS/Aly Song/Files

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BEIJING (Reuters) – China’s economy remains resilient despite rising uncertainties caused by the Ukraine crisis, the country’s state planner said on Monday.

China will enhance policy coordination and speed up the roll-out of policies favourable for growth, Lian Weiliang, a vice head at the National Development and Reform Commission, told a news conference.

Beijing has targeted slower economic growth of around 5.5% this year amid an uncertain global recovery and a downturn in the country’s vast property sector.

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Nicholas ‘Nick’ Statman entered the property industry in 2001 and set up a property buying company that quickly established itself as one of the biggest in the sector. During this time the Company successfully transacted on thousands of residential properties across the UK. Nicholas Statman was an early pioneer of the ‘quick sale’ niche market which has since grown considerably with a multitude of companies now operating in the sector. Nicholas Statman has strategically built a sizeable residential and commercial property portfolio with a view to holding for optimum capital growth and a long term passive income. Nicholas Statman has been involved in almost every aspect of the property sector over a 20 year period – this includes buying and selling, development, letting and management and is now involved in the fast growing online/ hybrid Estate Agent industry.

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