Yes. It could Energize the Faltering Economy China’s 2008 economic stimulus has led to concerns that if another such package were to be introduced today, it would lead to similar problems of overinvestment, overcapacity, increased social inequality and rising local debts. I, however, feel that these fears are misplaced. Since 2008, the Chinese economy has […]
About Yu Miaojie
Yu Miaojie is Associate Professor at the National School of Development at Peking University and Advisor to the Ministry of Finance.