• 09/22/2024

China doubles down on tried, tested infrastructure spending, but is it still the right fit in a debt crisis?

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

China’s central financial work conference vowed to set up a long-term mechanism to resolve debt risks on Tuesday after Beijing’s fiscal revision and treasury bond approval last week, as analysts say the recent moves do not address the source of the problems.

https://www.scmp.com/economy/china-economy/article/3239968/china-doubles-down-tried-tested-infrastructure-spending-it-still-right-fit-debt-crisis?utm_source=rss_feed