Friday, December 29, 2017
Anbound suggests China adding RMB 30 trillion debts to solve economic difficulties
ANBOUND
Anbound has suggested that in the next three to five years, China can consider adding more than RMB 30 trillion of debt, which may be a powerful move to get rid of the potential economic difficulties in China. This policy helps to correct China's over-dependence on the land economy. To achieve the goal of providing housing for staying and not for speculative investments while not causing huge shocks, this can only be solved through money. A RMB 30 trillion to 50 trillion fiscal stimulus package could realize the replacement of the land economy with fiscal programs and various funds.