As communist China turns 75, can Xi fix its economy?
Some of the new measures announced by the People's Bank of China (PBOC) on 24 September took direct aim at the country's beaten-down stock market.
"In China targets must be met, by any means necessary," said Yuen Yuen Ang, professor of political economy at Johns Hopkins University.
One of the main drags on the world's second-largest economy has been the downturn in the country's property market which began three years ago.
"In addition, cyclical policy stimulus does not fix the structural problems," Ms Wang noted, suggesting that without deeper reforms the problems China's economy faces will not go away.
..
News articles remains the property of the source. Tellbrief is a news aggregator.
