If need be, the People’s Bank of China can do more to shore up China’s economy. Interest rates are still relatively high so there is room for cuts. Photo: Reuters
Joe Zhang
Opinion

Opinion

The View by Joe Zhang

China’s economy is in a fix, but authorities are right to resist more stimulus measures

  • Despite the country’s many economic challenges, cushions of support exist to prevent a crash
  • Officials have the tools to act if a more aggressive rescue is needed

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If need be, the People’s Bank of China can do more to shore up China’s economy. Interest rates are still relatively high so there is room for cuts. Photo: Reuters
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