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Analysis-Pressure grows on China for big policy moves to fix economy

As the annual meeting of China's parliament approaches next month, its leaders are facing the greatest pressure in almost a decade to take bold policy decisions that safeguard the economy's long-term growth potential. The start of the year saw Chinese stocks tumbling to five-year lows on growth concerns and deflation deepening to levels unseen since the global financial crisis, prompting comparisons with the 2015 turmoil that forced policymakers into action. China overcame the 2015 crisis by devaluing the yuan and tightening its capital account to prevent outflows, while pouring resources into property and infrastructure, and slashing interest rates by more than 100 basis points.

China economy news: Pressure grows on China for big policy moves to fix economy

China s leaders are under significant pressure to make bold policy decisions to safeguard the economy s long-term growth potential ahead of the annual meeting of China s parliament. The country faces challenges such as slowing growth, deflation, and a property market slump. Unlike in 2015, China s policy options are limited due to a spent ammunition of devaluation, tightening capital accounts, and slashed interest rates.

ANALYSIS-Pressure grows on China for big policy moves to fix economy

As the annual meeting of China s parliament approaches next month, its leaders are facing the greatest pressure in almost a decade to take bold policy decisions that safeguard the economy s long-term growth potential.The start of the year saw Chinese stocks tumbling to five-year lows on growth conce

Pressure grows on China for big policy moves to fix economy - News Today

Pressure grows on China for big policy moves to fix economy | Hellenic Shipping News Worldwide