China’s fiscal policy: shifting from local to central
1/ Is the official budget enough to help achieve the implied optimistic GDP growth in 2024?
2/ Does the issuance of special treasury bonds suggest a shift of stimulus focus from local governments to the central government?
3/ What could be the potential sectors receiving fiscal support?
Louise Loo
Lead Economist
+65 6850 0126
Louise Loo
Lead Economist
Singapore
Louise Loo joined Oxford Economics in 2022, with a focus on Greater China. Prior to OE, she was a senior economist at Morgan Stanley and Goldman Sachs. At Goldman Sachs, she was also an advisor to China MoF with regards to its sovereign credit rating. Louise is originally from Malaysia and has earned Economics and public policy degrees with Sheffield University and Columbia University.
Betty Wang
Lead Economist
Private: Betty Wang
Lead Economist
Hong Kong
Betty Wang joined Oxford Economics in 2024, with a focus on Greater China and north east Asia. Prior to OE, she was a senior China economist at Australia and New Zealand Banking Group, specialising in China’s property market, fiscal policy, and structural reforms. Betty also led the bank’s ESG research which ranked top 2 in Australia in the past two years. Betty started her career at Standard Chartered Bank in 2008. She holds a dual-master’s degree from Peking University and the University of Hong Kong.
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