China unpacking economic stimulus in steps to avoid ‘overleveraged’ response: economist


China may announce economic revival measures in steps rather than as a “huge stimulus package” to avoid overheating the markets, but fast enough to ease property sector pains, a regional economist said on Thursday.

Monetary stimulus from last month and any fiscal measures that follow will form parts in a series of moves that began last year, said Hoe Ee Khor, chief economist with the Singapore-based Asean+3 Macroeconomic Research Office (Amro).

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