To meet its ambitious growth target, China turns to stimulus
But it’s the stealthy sort
THE CHINESE people have the “courage, vision and strength to overcome any obstacle”, said Li Keqiang, the country’s prime minister (pictured), on March 5th in his annual speech to the National People’s Congress, China’s rubber-stamp parliament. Even so, not all of them will have the fortitude to digest his full report on the work of the government, which runs to more than 12,000 words in translation. For their benefit, the government has distilled its message into a 150-second rap video.
This article appeared in the China section of the print edition under the headline “Shaking the money tree”
From the March 12th 2022 edition
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