As China's recovery wobbles, economists expect more policy easing

As China's recovery wobbles, economists expect more policy easing
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As China's recovery wobbles, economists expect more policy easing
China may need more monetary and fiscal easing to halt an economic slowdown in the wake of torrential rains and flooding, and authorities' tough response to outbreaks of the highly-transmissible coronavirus Delta variant, economists say.
FILE PHOTO: Chinese Yuan banknotes are seen in this illustration taken February 10, 2020. REUTERS/Dado Ruvic/Illustration/File Photo
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04 Aug 2021 03:35PM
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SHANGHAI: China may need more monetary and fiscal easing to halt an economic slowdown in the wake of torrential rains and flooding, and authorities' tough response to outbreaks of the highly-transmissible coronavirus Delta variant, economists say.

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