China needs to kick its stimulus habit

Weak August economic data suggests Chinese stimulus is becoming less effective. Time to get serious about reform, says CLSA.
Xi Jinping: SOE reforms a disappointment, says CLSA
Xi Jinping: SOE reforms a disappointment, says CLSA

China’s latest release of economic numbers at the weekend showed that growth in industrial production slumped to a five-year low in August, despite a mini stimulus earlier this year.

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