May 23, 2022 - 11:47 AM 325 views
The Economic Weekly reported, quoting Yu Yongding, a
former advisor to the People’s Bank of China (PBOC), said, "China’s fiscal
and economic growth has slowed down rapidly and the country should focus on
bringing back normal life and production as soon as possible in order to
focus on improving consumption and investment through expansionary financial
and monetary policies while also focusing on improving the supply chain system.
China’s top priority is to get back to normal, and they can bear the rising costs as long as the inflation rate is within the limit.