Likonomics in the foreign press

0 Comment(s)Print E-mail China.org.cn, July 24, 2013
Adjust font size:

The Chinese Premier Li Keqiang's economic policy has been dubbed 'Likonomics' since three Barclays Capital economists first used the June 27. Like "Thatcherism" and "Reaganomics" before it, "Likonomics" has become trendy shorthand for discussing the possible implications of China's new economic program. Below, we've gathered the analyses of some such publications.

Economist?on July 1?explained Likonomics as a policy of no stimuli, deleveraging and structural reform. Li has argued that "China had little scope for stimulus or government-directed investment," mostly because Beijing's post-crisis stimulus – a four trillion-yuan package – was discredited for being too big and causing subsequent inflation. Likewise, leveraging has been denied for the same reasons, while structural reform, as Li has said, has always been "the biggest dividend" for China.

Wall Street Journal. In the online version of Market Watch, the Journal said China's economy would suffer slowed quarterly growth as low as 3 percent as part of what's known as a "temporary hard-landing." In the long-run, however, Likonomics will produce "for short-term pain leading to long-term gain."

Reuters quoted China Central Television (CCTV)'s report that the Chinese government would "will keep policy stable and make macro-controls more targeted and forward-looking to stabilize economic growth." In a July 18 report, Reuters also reported that analysts said the temporary slowdown in China would push the Chinese government "to quicken reforms to take up the economic slack, rather than slow them down."

Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter
主站蜘蛛池模板: 国产强被迫伦姧在线观看无码| 成人爽a毛片在线视频网站| 免费无码又爽又黄又刺激网站| 黑人巨大战冲田杏梨| 国内精品久久久久国产盗摄| 中文字幕+乱码+中文乱码www| 最新无码a∨在线观看| 亚洲爆乳精品无码一区二区三区| 精品视频免费在线| 国产女人高潮视频在线观看| 67194熟妇人妻欧美日韩| 好男人www视频| 久久不见久久见免费影院www日本 久久不见久久见免费视频7 | 成人乱码一区二区三区AV| 久久本网站受美利坚法律保护| 欧美国产在线视频| 亚洲精品福利视频| 精品久久中文字幕| 国产v亚洲v欧美v专区| 麻豆精品传媒一二三区在线视频| 国产精品无码素人福利免费| 99热都是精品| 小泽玛利亚番号| 中文字幕无码不卡一区二区三区| 日韩精品第1页| 偷自视频区视频真实在线| 美国人与动性xxx杂交视频| 国产偷v国产偷v亚洲高清| 中文全彩漫画爆乳| 日本漫画大全彩漫| 久久精品亚洲综合一品| 日韩精品极品视频在线观看免费 | 草久在线观看视频| 国产免费牲交视频| 高潮毛片无遮挡高清免费| 国产大片黄在线观看| 国产精品福利尤物youwu| 国产成年网站v片在线观看| 亚洲欧美另类视频| 国产熟女露脸大叫高潮| 日本中文字幕在线精品|