Commentary: The clock is ticking for China economic stimulus measures to take hold

Coronavirus

Domestic consumption is the key to boosting China’s economy, but the safe and slow approach means the clock is ticking for visible results, says economist Lee Kok How. SINGAPORE: Course corrections for an economy as large as China’s are like steering the Titanic. Oversteer and it could capsize the vessel; understeer and the ship might still be on a collision course. With growth in the third quarter this year the lowest since its COVID-19 reopening, recent fiscal and monetary policies have

Tag-uri: Coronavirus

din zilele anterioare