China’s Ex-Finance Chief Warns Property Bust to Worsen Deflation
China’s property market downturn will continue and worsen deflationary pressures, former Finance Minister Lou Jiwei warned, calling for more stimulus to cushion growth.
By John Liu, Yujing Liu · Bloomberg Markets
China’s property market downturn will continue and worsen deflationary pressures, former Finance Minister Lou Jiwei warned, calling for more stimulus to cushion growth.