Xi Jinping’s economic adrenaline shot is only buying China a little time

Xi Jinping’s economic adrenaline shot is only buying China a little time

First he took a sip of tea to gather his composure. Then Chinese central banker Pan Gongsheng unleashed one of the country’s most daring policy campaigns in decades. In what amounts to a massive adrenaline shot for an economy on the cusp of a deflationary spiral, the governor of the People’s Bank of China and … Read more