Strategic Stability, Structural Strain (opens in new tab)
US-China | Global Order | East Asia | Europe | Middle East & Pakistan | Chinese Economy | Research and Education | Tech & AI The clearest fault line in the economics debate is between proponents of infrastructure-led stimulus and advocates of consumption-based stimulus. Yu Yongding, who views the post-2008 financial crisis fixed-asset stimulus as a broadly positive model, approves of signs that the Fifteenth Five-Year Plan period is set to allocate substantial funds for infrastructure outlay....
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