fiscal stimulus

Xi urges China’s provinces to be patient and fair in push for economic reforms

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Xi urges China’s provinces to be patient and fair in push for economic reforms

Chinese President Xi Jinping has called on provincial leaders to be patient about the pace of economic reforms and cautioned them against trying to solve problems hastily, according to party mouthpiece People’s Daily. He also urged them to break down the fences of vested interests in each province in favour of a national market and … Read more

Will China’s top legislature give the green light to fiscal stimulus package?

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Will China’s top legislature give the green light to fiscal stimulus package?

The National People’s Congress (NPC) Standing Committee, China’s top legislative body, will convene in Beijing on Monday to discuss a wide range of issues. A large fiscal stimulus, recommended by several prominent economists and hotly anticipated by investors, is likely to be among them. As markets speculate over the potential size of a fiscal package … Read more