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China’s ying and yang battle as Beijing faces tough economic choices


China’s economic policies are seemingly filled with contracting goals, pairs of targets where Beijing sets out how it wants to do one thing and also another thing too.It wants its economic growth to decelerate, but the slowdown cannot be too fast; it wants to cut carbon emissions, but coal must remain affordable; and it wants to deflate property prices, but the crash cannot be too severe as to hurt local government coffers.Some reflect China’s pursuit of long-term goals and the need to balance…

Source : South China Morning Post
Read more…China’s ying and yang battle as Beijing faces tough economic choices

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