A man walks inside a luxury shop in Beijing. China’s economy grew in the third quarter of 2019 at the slowest pace since 1992. Photo: AFP
Yu Yongding
Opinion

Opinion

The View by Yu Yongding

China needs to arrest slowing economic growth, and it has the means to do so

  • The prospect of slower Chinese growth is gaining widespread acceptance, but this trend is dangerous
  • For the sake of China and a global economy primed for recession, Beijing must halt the decline in GDP growth and implement a powerful stimulus package
A man walks inside a luxury shop in Beijing. China’s economy grew in the third quarter of 2019 at the slowest pace since 1992. Photo: AFP
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