Share this postChina Daily ReadsChina may bank on balance-sheet expansion, not interest rate cuts, for growth: economistCopy linkFacebookEmailNotesMoreChina may bank on balance-sheet expansion, not interest rate cuts, for growth: economistWhile Beijing is unlikely to implement universal consumption subsidies, officials may try to boost spending by raising incomes, according to Nomura’s Lu TingDec 12, 2024∙ PaidShare this postChina Daily ReadsChina may bank on balance-sheet expansion, not interest rate cuts, for growth: economistCopy linkFacebookEmailNotesMoreShareThis post is for paid subscribersAlready a paid subscriber? Sign in