Economists: China's Stimulus Buys More Time Only
Edited By WION Video Desk
Published: Sep 26, 2024, 06:55 IST | Updated: Sep 26, 2024, 06:55 IST
Chinese central banker Pan Gongsheng unleashed one of china's most daring policy campaigns in decades. However, economists say the adrenaline shot is only buying china a little time. Economists believe the stimulus blitz is just a down payment. They say, in addition to the latest measures, china needs reforms to reconfigure the economy and unleash consumption growth fundamentally.
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