Nomura's Chief China Economist cites the vicious cycle of rising subsidies, advocating instead for targeted support for vulnerable groups.| www.eastisread.com
The Tsinghua economist urges Beijing to guard against risks, discard stereotypies about national debt, and reform fiscal system to focus on welfare instead of infrastructure investment.| www.eastisread.com
The Stanford-trained demographer and entrepreneur underlines the consensus among economists for proactive fiscal policies.| www.eastisread.com
Three scenarios: income structure reforms are the optimal path, investment stimulus is a necessary evil, and the perils of the investment curtailment must be avoided to mitigate deflation risks.| www.eastisread.com
Chief Economist of Bank of China International says it is the key to consumption-based growth| www.eastisread.com