World Bank Cuts China’s 2020 Growth Forecast to 6.1% Amid Trade Tensions

2019年06月05日 19:22 来源于财新网

Policy stimulus could become ineffective over time, adding debt burden to corporate and household sectors, institution warns

: A crew works at a construction site in East China’s Fujian province on March 14. Photo: VCG

* China is facing both external risks from the threat of more U.S. tariffs and domestic risks related to high corporate debt, the World Bank said

* Stimulus measures will likely work in the short-term, but they could also add to the debt burden of an already highly indebted corporate sector

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