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China Becomes First Major Economy to Start Withdrawing Pandemic Stimulus Efforts

China Becomes First Major Economy to Start Withdrawing Pandemic Stimulus Efforts
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As the first major economy to beat back Covid-19, China is now taking the global lead in moving to unwind its pandemic-driven economic stimulus efforts.

Unlike the U.S. and Europe, which are still flooding their economies with liquidity and spending, China has started reining in credit in some corners…

To read more: https://www.wsj.com/articles/china-becomes-first-major-economy-to-start-withdrawing-pandemic-stimulus-efforts-11615730401

SOURCE: TWSJ

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