China’s Policy Stimulus May Worsen Economic Distortions – OECD

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LEADERSHIP:
China’s stimulus measures will shore up economic growth this year and next but may undermine the country’s drive to control debt and worsen structural distortions over the medium term, the OECD said in a report on Tuesday. Beijing has stepped up fiscal stimulus to prevent a sharper slowdown in the world’s second-largest economy, which is […]
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Source: News

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