Ex-IMF deputy: China has to carefully manage U.S.'s boom-bust cycle
CGTN, 20 Apr 2021
Zhu Min, former deputy managing director of the International Monetary Fund, warns that Biden's $1.9 trillion stimulus package could lead to inflation, affecting global markets. Global markets, including China, will have to deal with this challenge. Zhu told CGTN that China has "ample space" to deal with the economic risk, but it "has to carefully manage the U.S.'s boom and bust cycle."
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