A Year Since Stimulus, Has China’s Economy Changed Much?

It’s been one year since China unveiled substantial economic stimulus, with policymakers’ focus shifting from risk control to supporting growth. However, Johanna Chua, Head of Emerging Market Economics at Citigroup Global Markets, argues that China’s economy is even more unbalanced now than a year ago. She says more policy support is needed to boost demand and rebalance the economy.
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