(Reuters) – UNITED STATE Treasury Secretary Janet Yellen on Tuesday said she has really not but seen plans revealed by China that would definitely resolve its lowered diploma of buyer investing as a share of its financial local weather.
“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 said at an interview in 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)