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Experts decry risks posed by US stimulus--China Economic Net

Experts decry risks posed by US stimulus--China Economic Net
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World Bank s David Malpass on China s stimulus resistance out of touch with reality

World Bank president David Malpass’ criticism of China’s reluctance to deliver more economic stimulus during the current international slowdown has been rubbished by Chinese economists, who say his criticism is ‘ungrounded’.

China urged to give cash handouts, as its economy and most vulnerable citizens are desperate for a lifeline

The sooner the central government starts giving out Hong Kong- and US-style consumption vouchers, the better, according to economists.

Why Biden is renominating Jerome Powell as Federal Reserve chair — Quartz

Why asset inflation could be the real danger, not higher consumer prices

Three factors have been driving US inflation – energy prices, production bottlenecks and aggressive stimulus programmes. But as these risks subside in the next two to three quarters, investors cannot afford to be complacent, given high equity valuations and the hot property markets.

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