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International Warnings Mount Over Potential Impact of China Stimulus

2019年04月17日 18:20 来源于 财新网
OECD and IMF say China’s stimulus measures could reverse deleveraging gains and increase imbalances in the economy
Builders work on a construction site in Zaozhuang, East China's Shandong province on April 7. Photo: IC

There is increasing international concern that China's efforts to prop up growth amid weakening domestic demand and a trade war with the U.S. could undermine the country's crackdown on financial risks.

China's stimulus measures could increase corporate debt and reverse progress made in deleveraging the economy, according to a report from the Organisation for Economic Cooperation and Development (OECD), a club of rich countries. The International Monetary Fund raised similar concerns earlier in April.

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