Caixin

For a Quality Recovery, Raise Interest Rates

 


Unlike the frigid European economy, the Chinese economy continues to steam ahead. But in the area of macro economic policy, China seems to be lagging. We think the time has come for a meaningful policy adjustment: China should raise interest rates.

No one doubts that Chinese policymakers can get some things done. The government flexed its muscles recently by taking steps to control a property bubble and reduce excess liquidity.

You've accessed an article available only to subscribers
VIEW OPTIONS
Share this article
Open WeChat and scan the QR code