China’s economic prospects call for stimulus

China’s economic prospects call for stimulus

East Asia Forum·2020-04-22 08:00

If our cleaning services are unsatisfying, 2nd time is FREE!
Exclusive moving service promotion!

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.

……

Read full article on East Asia Forum

Finance Economy International