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China Stimulus: Politically Inspired, Wrong-headed
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China Stimulus: Politically Inspired, Wrong-headed

Our Correspondent
Jul 13, 2012
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Asia Sentinel
Asia Sentinel
China Stimulus: Politically Inspired, Wrong-headed
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China may have played a major role in rescuing the global economy in the wake of the 2008 financial meltdown. But its latest stimulus policies seem more likely to aggravate its own problems and those of the world than to be a help.

Premier Wen Jiabao acknowledges that the economy is slowing and needs stimulus but his preferred tools appear politically in…

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