China: After the Two Sessions
Chinese policymakers have doubled down in recent months in signalling a strong policy response to the economy’s domestic and external economic challenges. But after months of policy disappointments, how aggressive and effective will and can stimulus be? What are officials signalling differently in this year’s Two Sessions, about their assessment of the economy’s twin debt and domestic demand challenges? We explore the implications for growth in China and why foreign spillovers from China’s policy developments this year could look different compared to past cycles.
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