In a recent Q&A, we looked at how China fits within the emerging markets context, what’s ahead for China, and targeted strategies to help investors gain exposure to this developing market. The excerpt below focuses on China’s current stimulus plan and its impact.
How are China’s current stimulus efforts different from previous measures?
In the past, Chinese policymakers have employed a variety of stimulus measures that were often relatively large and consequential to maintain a high level of economic growth. A consequence of these measures has been high debt levels, as evidenced by various