After months of piecemeal economic policy support, Chinese stimulus has stepped up significantly and equity markets have surged higher. Paul Diggle and Luke Bartholomew speak to Robert Gilhooly about the headwinds the Chinese economy has been facing, the risks of China slipping into ‘Japanification’, and whether recent measures represent a turning point in monetary and fiscal policy support.
10/17/24 • 22 min
Macro Bytes - Has China fired its stimulus bazooka?
Transcript
Paul Diggle
Hello and welcome to Macro Bytes, the economics and politics podcast from abrdn. My name is Paul Diggle
Luke Bartholomew
And I'm Luke Bartholomew.
Paul Diggle
And today we are talking about the Chinese economy, where there has been a blitz of recent monetary and fiscal policy announcements which have seen the previously beaten- up Chinese equity market experience something of a sharp rally. But against a backdrop of structural economic headwinds and p
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