Liu Shangxi, head of the Chinese Academy of Fiscal Sciences, sparked debate among policymakers after suggesting the central bank buy bonds directly from the government. Liu Shangxi, head of the Chinese Academy of Fiscal Sciences, sparked debate among policymakers after suggesting the central bank buy bonds directly from the government.
Liu Shangxi, head of the Chinese Academy of Fiscal Sciences, sparked debate among policymakers after suggesting the central bank buy bonds directly from the government.

Coronavirus: China’s central bank, finance ministry at odds over funding for economic recovery

  • Finance Ministry official calls for central bank to purchase bonds directly from the government, breaking a long-standing taboo
  • But the People’s Bank of China warns relaxing rules could erode fiscal discipline and spending efficiency

Topic |   Coronavirus pandemic
Liu Shangxi, head of the Chinese Academy of Fiscal Sciences, sparked debate among policymakers after suggesting the central bank buy bonds directly from the government. Liu Shangxi, head of the Chinese Academy of Fiscal Sciences, sparked debate among policymakers after suggesting the central bank buy bonds directly from the government.
Liu Shangxi, head of the Chinese Academy of Fiscal Sciences, sparked debate among policymakers after suggesting the central bank buy bonds directly from the government.
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