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Some local Chinese governments face big pressure in safeguarding livelihoods: finance minister – Metro US

Some local Chinese governments face big pressure in safeguarding livelihoods: finance minister

Chinese Finance Minister Liu Kun attends a news conference on
Chinese Finance Minister Liu Kun attends a news conference on China’s economic development ahead of the 70th anniversary of its founding, in Beijing

BEIJING (Reuters) – Some local governments face relatively big pressure in safeguarding people’s livelihood and wages, China’s finance minister Liu Kun said on Friday on the sidelines of the meeting of the nation’s parliament.

Millions in China are expected by analysts to have lost their jobs as a result of disruptions from the coronavirus pandemic.

(Reporting by Lusha Zhang and Huizhong Wu; Editing by Muralikumar Anantharaman)