China will intensify counter-cyclical adjustment of its monetary policy and create a sound monetary and financial environment for stable economic grow ...
Finance Minister Enoch Godongwana will table the Medium-Term Budget Policy Statement in Parliament. The minister will, among others, talk about binding fiscal anchors and counter-cyclical fiscal ...
(Bloomberg) -- China’s central bank chief pledged to maintain an accommodative monetary policy stance and to double down on countercyclical ... had “ample space for fiscal policy and monetary ...
China is confident to achieve around 5-percent GDP growth target for 2024, and the country will step up counter-cyclical adjustments in fiscal policy in addition to monetary policy stimulus ...
while deficit-financed fiscal policy is much more expansionary. We discuss the split between direct and indirect effects of policy, and the implications of cyclical income risk, maturity structure, ...