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CHINA: Policymakers are unwilling to launch aggressive economic stimulus

Table of Contents

● In contrast to the 2008 financial crisis, China's stimulus response has been less forceful than in the US and Europe.
● Initial March data show that the return to normal economic activity has been slow, while secondary outbreaks may require selected regions to re-impose lockdow...

 

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CHINA: Policymakers are unwilling to launch aggressive economic stimulus

● In contrast to the 2008 financial crisis, China’s stimulus response has been less forceful than in the US and Europe. ● Initial March