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China needs more than fiscal and monetary support to get its economy buzzing again

The country’s central bank and fiscal stimulus can only do so much without compromising its economic stability

Soon Weilun
Published Mon, Sep 19, 2022 · 05:50 AM

DESPITE China’s central government and central bank promising a slew of fiscal and monetary support measures to keep the economy humming in recent weeks, the growth outlook still looks dim.

A chorus of observers are saying that there seems to be just one policy that Beijing doesn’t seem to want to touch, and yet could make all the difference to its economic growth - and that is zero-Covid, or the pursuit to keep infections near zero.

Last Friday (Sep 16), China released a host of macroeconomic data for the month of Au…

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