China Needs Economic Stimulus (Project-Syndicate)

China’s GDP growth has been slowing steadily since the first quarter of 2010, and the prospect of slower growth has gained widespread acceptance, both within and outside China. But the downward trend is riskier than many observers seem to realize.

https://www.project-syndicate.org/commentary/china-growth-slowdown-stimulus-by-yu-yongding-2019-11

Yu Yongding, a former president of the China Society of World Economics and director of the Institute of World Economics and Politics at the Chinese Academy of Social Sciences, served on the Monetary Policy Committee of the People’s Bank of China from 2004 to 2006.

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