The Chinese Economy in Global Turbulance

In the face of worldwide economic uncertainty, the Chinese economy is also confronted with new downward pressure, and challenges such as ongoing trade tensions with the United States. But with a series of fiscal policies, including tax cuts and lower reserve ratios designed to free up liquidity, stabilize the job market and strengthen local government debt-management, China is seeking to accelerate a shift in its economic model to new drivers of growth. So, what are the sternest challenges for the world’s second largest economy? How will these new policies restructure the Chinese economy in the coming years? And how will they influence the world’s economic pattern even as the two largest economies are negotiating?

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Washington Post 20 Jun 2019 16:02 CEST