Monday, January 4, 2016

Xinhua — Supply-side reform to keep Chinese economy fit

"Keynesianism won't help much in addressing medium-and-long-term economic ills. The cure lies in structural reform," the authority said.… 
Chinese economists are optimistic that supply-side structural reform will give the economy a boost.
According to the authoritative figure, the five major tasks surrounding the reform, namely reducing overcapacity, destocking, deleveraging, reducing costs and shoring up weak growth areas, will all boost China's development in the long term.
Xinhua
China Headlines: Supply-side reform to keep Chinese economy fit

2 comments:

Matt Franko said...

"reducing costs..."

Looks like its going down to 2 rations of dog brain soup per day from the current 3...

Peter Pan said...

Chinese kool-aid. Calorie free.