Despite global economic uncertainty, China’s economy has shown remarkable resilience, said Chief Economist for Asia Pacific at Natixis Alicia Garcia-Herrero. Facing pressure in April, China’s front-loaded demand eased downside risks, and fixed-asset investment underpinned its steady growth.
Looking ahead, the services sector may become a new driver; monetary policy is being cautiously yet proactively adjusted, with room to cut interest rates and reserve requirements; fiscal stimulus should be slow and steady to mitigate structural slowdown. Overall, the latest data indicate that China’s economy remains robust with a promising outlook. (Chen Tianhao)
本文链接:(W.E.Talk) Structural support solidifies China’s path of economic resilience: Chief Economist at Nathttp://www.sushuapos.com/show-5-58994-0.html
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