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China Risks Falling Behind Vaccine-enabled Reopening: Times

CHINA PRESS
MNI (Sydney)

China should speed up the vaccination process or risk being shut out of a re-opening world and also risk its ability to host the Winter Olympics next year, the Securities Times said citing Peng Wensheng, the chief economist with China International Capital Corp. Peng, who said he submitted his views in a recent group meeting with Premier Li Keqiang, suggested the government should assume more public-sector debt to cope with the pandemic, as letting the private sector rack up debt is unsustainable. Peng also told the Premier that annual growth may reach 9%, the Times reported.

MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com
MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com

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