Opinion
Published on: 21. April 2021

China still needs expansionary economic policy

Instead of six percent, China's economy could grow by over eight percent this year. But exports are unlikely to drive growth as strongly as last year. Private households are not expected to provide an immense growth boost either. To compensate for the lack of aggregate demand, the central bank will have to put more money into infrastructure.

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Last updated: 24. July 2025
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