Why China's economy is doing better than people think, says a former PBOC advisor

Why China's economy is doing better than people think, says a former PBOC advisor

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None China can still manage to hit its target GDP growth rate if it boosts fiscal stimulus, Yu Yongding wrote in Project Syndicate. • None The former PBOC advisor said that deflation should help the country inject support without fueling inflation. • None The country needs to grow infrastructure…

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