Coronavirus: China doesn’t need big economic stimulus, advisers and former officials say

China does not need to launch a large economic stimulus effort to address the damage being done by the coronavirus pandemic, a group of government advisers and former officials said at the weekend.In particular, they said, there was no need to copy the quantitative easing policy employed by a number of major central banks around the world.Beijing is expected to announce details of additional economic support measures at the annual meeting of the National People’s Congress this week.However,…

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