Econ and Finance - 31 Aug 2020

Lou Jiwei on China’s fiscal position

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China’s fiscal deficit in 2020 is much larger than you think, but even this unprecedented support won’t lead to a v-shaped recovery.

Don’t take our word for it – that’s all according to Lou Jiwei, a former Chinese finance minister and current director of the Foreign Affairs Committee at the Chin...

Snuh-ohez.

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