Beijing urged to tap into policy tools as 2022 uncertainties loom

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3 years ago

Beijing urged to tap into policy tools as 2022 uncertainties loom

Chinese authorities need to stay ahead of the curve to stabilise the national economy in the face of outsized threats in the coming year, senior policy advisers said at the weekend.The nation’s massive export machine may lose steam, its financial markets could be stressed, and its zero-Covid policy will be further tested, according to Huang Yiping, a former member of the People’s Bank of China’s (PBOC) monetary policy committee.The warning by Huang, who is now a professor with Peking University…

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