China needs more active fiscal policy as pressure on economy increasing - People's Daily

SHANGHAI (Reuters) - China needs more active fiscal policy as pressure on its economy is still increasing, according to an article by Finance Minister Liu Kun published in the official People's Daily on Thursday.The comments come amid growing market expectations that the government may announce a substantial new stimulus package soon to help businesses and households hit hard by the coronavirus outbreak. The annual National People's Congress (NPC) session starts on May 22."At present, China's..