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CHINA: Don’t count on Beijing to backstop global demand against virus shock

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With China rapidly recovering from its COVID-19 outbreak, global markets hope that Beijing will act to support global demand.
But Beijing's policy apparatus moves slowly: escalated stimulus will not arrive until the April Politburo meeting at the earliest and probably not un...

 

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Teneo-Europe-Report

CHINA: Don’t count on Beijing to backstop global demand against virus shock

With China rapidly recovering from its COVID-19 outbreak, global markets hope that Beijing will act to support global demand. But Beijing’s policy apparatus moves