People are reflected in a puddle after rainfall as they walk along a shopping district in Beijing on August 18. Photo: AFP People are reflected in a puddle after rainfall as they walk along a shopping district in Beijing on August 18. Photo: AFP
People are reflected in a puddle after rainfall as they walk along a shopping district in Beijing on August 18. Photo: AFP
David Brown
Opinion

Opinion

Macroscope by David Brown

Why China’s economy can easily meet 6 per cent growth in the next five years

  • While the trade war and Covid-19 have delivered hard knocks, international agencies are predicting expansion of between 6.9 and 8.2 per cent next year
  • To insulate the economy from international downside risks, Beijing must boost domestic demand with easier credit conditions, liquidity injections and further fiscal stimulus

People are reflected in a puddle after rainfall as they walk along a shopping district in Beijing on August 18. Photo: AFP People are reflected in a puddle after rainfall as they walk along a shopping district in Beijing on August 18. Photo: AFP
People are reflected in a puddle after rainfall as they walk along a shopping district in Beijing on August 18. Photo: AFP
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