Stealth China Stimulus Means Fiscal Gap Over 10%, Economists Say
- As private businesses tighten belts, government is stepping in
- Spending supports growth, leads to higher government debt
China Adds 'Stimulus by Stealth' to Hit Growth Target
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China is stepping up stimulus by stealth in its efforts to ensure hitting the leadership’s growth target this year, with moves that will enhance the role of the state even as policy makers say they want a bigger role for the market.
QuickTake China's Market Meddling