Los mercados pueden esperar sentados al gran estímulo fiscal chino
In this op-ed (language: Spanish), Bruegel Senior Fellow Alicia García-Herrero discusses China’s difficulty in meeting their already low 5% GDP growth target for 2023. What are the reasons behind the growth difficulties, why have Chinese monetary policy efforts so far failed at overcoming these, and should we expect fiscal stimulus as the next solution to be tried out by the Chinese government?