Beijing has sent a clear message that it is drawing on pages from its old fiscal and monetary stimulus playbook at the cost of its debt-reduction campaign. Photo: Reuters

China has a choice between the ‘grey rhino’ risk of rising debt or the ‘black swan’ threat of an economic slowdown

  • Beijing changes course on macroeconomic policy to cope with slowdown pressure amid the trade war with the United States
  • China’s renewed easing of credit conditions on Friday is set to amplify the country’s debt problem
Topic |   China economy

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Beijing has sent a clear message that it is drawing on pages from its old fiscal and monetary stimulus playbook at the cost of its debt-reduction campaign. Photo: Reuters
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