The pressure for engineering a strong rebound in China’s economic growth intensified at the weekend after the official manufacturing and services purchasing managers’ indices for February plunged to all-time lows. Photo: Bloomberg The pressure for engineering a strong rebound in China’s economic growth intensified at the weekend after the official manufacturing and services purchasing managers’ indices for February plunged to all-time lows. Photo: Bloomberg
The pressure for engineering a strong rebound in China’s economic growth intensified at the weekend after the official manufacturing and services purchasing managers’ indices for February plunged to all-time lows. Photo: Bloomberg

Coronavirus: will China opt for massive infrastructure spending spree to save its economy as it did in 2008?

  • China implemented a 4 trillion yuan (US$572 billion) stimulus package in 2008 in an attempt to manage the global financial crisis
  • The coronavirus outbreak is increasingly likely to deal a heavy blow to China’s economy, threatening President Xi Jinping’s plan for 2020

Topic |   Coronavirus pandemic
The pressure for engineering a strong rebound in China’s economic growth intensified at the weekend after the official manufacturing and services purchasing managers’ indices for February plunged to all-time lows. Photo: Bloomberg The pressure for engineering a strong rebound in China’s economic growth intensified at the weekend after the official manufacturing and services purchasing managers’ indices for February plunged to all-time lows. Photo: Bloomberg
The pressure for engineering a strong rebound in China’s economic growth intensified at the weekend after the official manufacturing and services purchasing managers’ indices for February plunged to all-time lows. Photo: Bloomberg
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