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  3. China economists urge Beijing to act fast on local-level debt before low prices vanish

South China Morning Post

China economists urge Beijing to act fast on local-level debt before low prices vanish

Beijing should expand central government borrowing and accelerate local debt restructuring, as China’s relatively low price levels offer a rare window for stronger fiscal support to bolster demand, according to some prominent Chinese economists. “With oil shocks pushing up prices, and inflationary pressures spreading globally, China currently has the lowest price levels, while prices elsewhere are significantly higher,” said Yu Yongding, a former member of the People’s Bank of China’s Monetary..

Continúe con el reportaje completo en el sitio web del editor.

Leer el artículo completo en South China Morning Post
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Por South China Morning Post

21 September 2026|1 minuto de lectura
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Banking & Finance
China economists urge Beijing to act fast on local-level debt before low prices vanish
China economists urge Beijing to act fast on local-level debt before low prices vanish
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