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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