A pedestrian walks past a luxury store in Shanghai. China’s economy is slowing, and risks from the trade war with the US are not helping. Photo: Bloomberg

China is seeking a stable solution to its economic slowdown, not the quick fix of a stimulus package

Aidan Yao says Beijing won’t revisit its past policy of pumping money into the economy at the expense of long-term sustainability. This time, it is using monetary tools more carefully and also restructuring the income tax system

Topic |   Macroscope

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A pedestrian walks past a luxury store in Shanghai. China’s economy is slowing, and risks from the trade war with the US are not helping. Photo: Bloomberg
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Aidan Yao

Aidan Yao

Aidan Yao is senior emerging Asia economist at AXA Investment Managers. Prior to joining AXA IM, he was a senior financial market analyst at the Hong Kong Monetary Authority for two years. He started his career at the Reserve Bank of New Zealand in 2007, serving as an economist and later senior financial market analyst until late 2011. He holds a master degree in finance (2006) and a bachelor degree in economics and finance (2005) from the University of Otago (NZ). He is also a chartered financial analyst.