Countdown

  • SENSEX
    NIFTY 50
Economy

China's policy debate deepens as trade war threatens economy

Updated : July 20, 2018 04:18 PM IST

An article in Financial News, which is run by the People's Bank of China (PBOC), quoted analysts as calling for an adjustment to fiscal policy and some loosening of financial regulations, saying monetary policy would not be able to resolve corporate funding challenges on its own.
As China's economic growth slows, it has sparked a debate among government researchers on whether fiscal policy should help to soften the impact of a trade war with the United States.
Research firm Capital Economics said that China's Ministry of Finance will loosen policy as pressure mounts due to a slowing economy.
China's policy debate deepens as trade war threatens economy
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV