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China Securities Journal: China needs to expand fiscal spending

A China Securities Journal editorial report after the Central Economic Work Conference

  • Says the real economy is facing difficulties including overcapacity, relatively high property inventory, high funding cost and high corporate debt for companies
  • China needs to expand fiscal spending, clean up overcapacity, increase efficiency and push forward financial reform to break the of deflation-debt cycle

Via MNI

Both of those sound like reasonable lists to me

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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