China facing demographic, inflation risks ‘Japan never faced’, Beijing urged to act to avoid ‘big surprise’

Source: China – South China Morning PostFaced with new global demographic, inflation and deglobalisation challenges that even “Japan has never really faced”, China should take swift actions to counter their possible negative effects, a senior economist and author has urged.

A lack of action by Beijing will see the risks “come back to surprise us in a big way” in terms of economic growth, inflation and interest rate increases, according to Manoj Pradhan, a former managing director of Morgan Stanley and the founder of the London-based…Read More

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