Xi Overcapacity Fight Leaves the Economy Vulnerable Without Stimulus

Xi Overcapacity Fight Leaves the Economy Vulnerable Without Stimulus
It’s a similar situation today, except Chinese policymakers are rolling out only half the solution. While Beijing’s recent push to curb overcapacity is helping rein in the glut in steel and solar sectors, the “anti-involution” campaign is missing a stimulus spark and could hurt the economy instead of bringing inflation back. “It’s going to be hard to simply rerun the... ...

Similar news