People ride their bicycles near a large screen showing a press conference by Chinese Premier Li Keqiang following the closing session of the 13th National People’s Congress in Beijing on May 28. Photo: EPA-EFE
Hao Zhou
Opinion

Opinion

The View by Hao Zhou

China’s coronavirus stimulus is geared towards economic survival, but no more

  • At the close of the NPC annual meeting, Premier Li Keqiang made it clear that China will defy market hopes for large-scale stimulus in favour of targeted support to help the economy ‘survive’. China is right not to set a growth target to focus on job creation and long-term investment instead
People ride their bicycles near a large screen showing a press conference by Chinese Premier Li Keqiang following the closing session of the 13th National People’s Congress in Beijing on May 28. Photo: EPA-EFE
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