ADVERTISEMENT
China’s New Stimulus—Cross-Cutting? Yes. Big? Unclear
China’s New Stimulus—Cross-Cutting? Yes. Big? Unclear
23 Oct 2018, 08:53 PM IST
(Bloomberg) -- China is lining up monetary and fiscal policy to provide support for growth, targeting the weakest links in the economy: In the last few days the government has announced plans for boosting bond financing for private firms and cutting taxes for households. The plans so far are somewhat vague, making it difficult to put a number on the size of the stimulus. That may be by design, according to Bloomberg Economics.
To contact the reporter on this story: Tom Orlik (Economist) in Washington at torlik4@bloomberg.net
To contact the editor responsible for this story: Zoe Schneeweiss at zschneeweiss@bloomberg.net
©2018 Bloomberg L.P.
Get live Stock market updates, Business news, Today’s latest news, Trending stories, and Videos on NDTV Profit.
ADVERTISEMENT