As China considers ways to navigate the economic impact of its zero-Covid policy, such as from the lockdown of Shanghai (pictured), analysts are increasingly pointing to the need for more stimulus measures. Photo: Reuters
China’s economy needs a jolt from special treasury bonds like Beijing used in 2020, economists say
- Despite the economic impact appearing to be at the worst point of the pandemic for China, its fiscal stimulus measures have not been as aggressive as in 2020
- Think tank says China needs to sell nearly US$300 billion worth of special treasury bonds if Beijing expects to reach its annual economic growth goal of 5.5 per cent
As China considers ways to navigate the economic impact of its zero-Covid policy, such as from the lockdown of Shanghai (pictured), analysts are increasingly pointing to the need for more stimulus measures. Photo: Reuters
