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China’s slowing economy needs fiscal spending to aid post-coronavirus recovery, hit growth target

Summary:
[unable to retrieve full-text content]China should increase fiscal spending to further support its post-coronavirus recovery and help reach its economic growth target for the year, particularly after the central bank sent a signal that it expects slowing conditions ahead when it signalled last week that it would cut the reserve requirement ratio last week, analysts said.Calls for further monetary and fiscal policy stimulus have risen, with China’s headline growth set to slow after an explosive rebound from the lows of a coronavirus…

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[unable to retrieve full-text content]
China should increase fiscal spending to further support its post-coronavirus recovery and help reach its economic growth target for the year, particularly after the central bank sent a signal that it expects slowing conditions ahead when it signalled last week that it would cut the reserve requirement ratio last week, analysts said.Calls for further monetary and fiscal policy stimulus have risen, with China’s headline growth set to slow after an explosive rebound from the lows of a coronavirus…

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