Big China Stimulus Isn’t Coming, Former IMF Official Says
- Government policies likely to target structural issues: Zhu
- High debt, other constraints seen as keeping options limited
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China will likely disappoint those hoping the government will roll out massive stimulus to shore up the weakening economic recovery, said Zhu Min, a former deputy managing director of the International Monetary Fund.
“There are a lot of expectations on the Chinese government to have more stimulus policies. I don’t think this is real,” Zhu said during a panel Thursday at the World Economic Forum’s Annual Meeting of the New Champions in Tianjin, China.