Three CF40 experts analyze China’s #Q1 economic data from various perspectives and explain the nature of some policy measures that have been taken to deal with the COVID-19 outbreak. mp.weixin.qq.com/s/2z2pvQqtIa4J…
Xu Xianchun: Q1 data show that the economic impact of #COVID-19 far exceeded that of the 1998 Asian financial crisis and the 2008 global financial #crisis.
Liu Yuanchun: five keywords to understand the next stage of Chinese economy are mega pandemic, China’s solution, periodical achievements, super pressure and policy reorientation.
Liang Hong: the nature of developed countries’ rescue package is monetization of budget #deficits.
China needs to pay attention to the following two things: 1) The blow to China's external demand may not show in the data until May to July; 2) after the #coronavirus dollar crunch, RMB may face appreciation pressure.
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