China has all the gleaming new business districts it is likely to need for decades to come. Photo: Reuters
Opinion
Opinion
Abacus
It’s not 2008. Don’t look to Beijing for a big stimulus programme
A strong dollar, weak commodities and slowing growth have left some hoping Beijing will step on the accelerator. But the Chinese economy has changed – and besides, it already has all the flashy infrastructure it needs
China has all the gleaming new business districts it is likely to need for decades to come. Photo: Reuters