Wednesday, November 18, 2015
ANBOUND: Revitalization of Economy, Should Go Beyond Fiscal and Monetary Policy
ANBOUND
As China's economy is facing immense pressure, the economic policy, too, is facing increased pressure.
Anbound’s research team is of the view that in order to help China out of its current economic plight, the nation should not constrained itself to the framework of macro-economic policy as the regulations on the fiscal policy and monetary policy alone is not sufficient to resolve the problem.
In fact, such "economic government" approach does not solve the fundamental problem.
The economic environment should be changed for mid-long term and China still needs to vigorously promote market-oriented reform to gain the consortiums and social capital’s confidence in investing.