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China must maintain coronavirus stimulus to ensure full economic recovery, says prominent Beijing adviser

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[unable to retrieve full-text content]China should maintain its monetary and fiscal stimulus to consolidate its post-coronavirus economic recovery and counter a highly uncertain global environment, a prominent government adviser has said.“It’s inappropriate to exit macroeconomic policy soon. Otherwise, it could risk falling short of success,” Liu Shangxi, head of the Chinese Academy of Fiscal Sciences, an affiliate of the Ministry of Finance, said in an exclusive interview with the South China Morning Post.“The stability and…

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[unable to retrieve full-text content]
China should maintain its monetary and fiscal stimulus to consolidate its post-coronavirus economic recovery and counter a highly uncertain global environment, a prominent government adviser has said.“It’s inappropriate to exit macroeconomic policy soon. Otherwise, it could risk falling short of success,” Liu Shangxi, head of the Chinese Academy of Fiscal Sciences, an affiliate of the Ministry of Finance, said in an exclusive interview with the South China Morning Post.“The stability and…

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