Press "Enter" to skip to content

Economist calls for stronger fiscal policy, more government bonds


China should adopt an expansionary and much stronger fiscal policy and increase government spending in a move to prevent further economic slowdown, said Yu Yongding, a prominent economist at the Chinese Academy of Social Sciences, China's top state think tank, and former advisor to the People's Bank of China (PBOC), at a forum last week.

"The biggest challenge for China right now is the economic slowdown and many economists expect the growth rate to decelerate further to 6 . . .

To continue reading, please subscribe. You will get


  • IN-DEPTH & DATA-DRIVEN reporting about key trends in China's economy and financial markets
  • THE WIRE  - up-to-the-minute updates of market-moving news and views. We want you to be the first to know it when something important happens.
  • DETAILS - We bring you details that you won't find elsewhere. General information is everywhere, but information with details and relevant to your investment is rare. 


FREE TRIAL cancel anytime

Grab the Special Offer ! Get Yuan Talks full service at $0.6 a day!


We highly value independence. We are solely funded by subscriptions from intelligent readers like you. 

Already have an account? Sign In