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From:
Yuzhe He
(Uncensored)
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Zhang Bin says China's top response to weak demand should be forceful counter-cyclical policy
https://www.yuzhehe.com/p/zhang-bin-says-chinas-top-response
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After weighting drivers of consumption, the senior fellow at Chinese Academy of Social Sciences argues no other policy can deliver such rapid short-term gains -- only counter-cyclical measures can.