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Li Daokui, dean of Tsinghua University’s Institute for Chinese Economic Practice and Thinking, said China’s economy has remained broadly sluggish for three years. Photo: VCG
China Should Expand Debt Plan to Ease Pressure on Local Governments, Economist Says
Tsinghua University professor Li Daokui says local authorities’ aggressive debt repayment is suffocating businesses, calling for massive central government stimulus to break a three-year economic chill
117 words~1 min read
