"A wrong report of my words on March 4th, surprisingly lead to the rise in the share prices in the US, Europe and Japan. It can be seen how much the Chinese economy is concerned by the world."
On March 6th, at the Beijing Railway Mansion, a joint discussion of the economic group of the National Committee of the Chinese People's Political Consultative Conference had just ended, and the committee members were about to leave. A speech by former director of the National Bureau of Statistics, Li Deshui, once again sparked a heated discussion.
Li Deshui said that a misreported information could cause violent fluctuations in the global stock markets. It shows that we have an important responsibility to develop the Chinese economy well. And the rise and fall of the stock market based solely on media reports fundamentally failed to understand the connotation of the premier's government work report on a package of measures to stimulate the economy.
"Excuse" for market rebound?