Hiroshi Wanatabe, Japan's former top currency diplomat, recalls how Chinese policymakers eagerly studied ways to avert a Japan-style burst of an asset bubble that led to prolonged deflation and economic stagnation - until around 2015.
  • @OurToothbrush@lemmy.mlM
    5•2 years ago

    such as supporting the restructuring of distressed developers

    IMF begs China to give payouts to irresponsible developers instead of taking them over and managing them better