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The Impact of Covid-19 on China’s Economy: A Conversation with Daniel H. Rosen

ChinaPower

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China's Economic Response to Covid

The most distinctive characteristic of china's economic response to covid was that it was a supply side stimulus. Most other advanced economies concentrated their response on maintaining household income. China did not support household income at all, really. Almost all the support was just for business to keep business going. Retail sales are very weak now 18 months into this pandemic,. Still taking place in united states and other countries.

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