China’s economic prospects call for stimulus

China’s economic prospects call for stimulus

East Asia Forum·2020-04-22 08:00

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Author: Yu Yongding, CASS

China’s annual GDP growth has been gradually falling since 2010 from over 10 per cent to nearly 6 per cent by 2019. Last November I argued it was time for China to stem its economic slowdown with expansionary monetary and fiscal policies. But China’s economic growth has since faced the COVID-19 challenge and now stimulus is more important than ever.


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