Thursday, August 14, 2014
ANBOUND:Macro-Economic Statistics Indicates that Reform is under an Unprecedented Pressure
ANBOUND
Recently, China has released a number of important economic statistics. ANBOUND research team states that according to the macro-economic statistics, the micro-stimulation policies haven't achieved a stable effect. Although time lag exists in both fiscal and monetary policies, further stimulus packages actually have been hard to carry out. Chinese economy has been in a dilemma over whether to sustain growth or to control risks. The "New Normal" of Chinese economy actually indicates that China should manage to move forward under crisis situation. It requires a breakthrough in appropriately dealing with the relationship between government and market, and searching for momentum in industrial upgrading.