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May 19, 2022 | Macro
[Report] Economic collapse in April makes stimulus siren call hard to avoid
April’s dire econ numbers put to bed the idea that China’s 5.5% GDP growth target for this year is reachable. The economy cratered last month as COVID-19 mitigation measures brought economic activity in many parts of the country to a halt.
Previous report: Funding additional infrastructure – who picks up the bill?
Boosting credit: Commercial banks are about to get squeezed, and they won’t mind »