BEIJING: Economists broke down China’s annual policy-document dump and concluded that Beijing is holding stimulus measures in reserve in case the global impact of the coronavirus pandemic worsens significantly.
The government reports released on the first day of the National People’s Congress last Friday were revolutionary in that they dispensed with an explicit target for gross domestic product growth, but otherwise stuck to the path of moderately increasing support to the economy.
Already a subscriber? Log in.
Subscribe to win RM50 Touch 'n Go e-Voucher! More Info
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!