China’s fears over ‘barbaric growth’ of capital see ‘stability’ calls intensify

China has doubled down on its de-risking campaign as the country’s economy faces strong headwinds, with “stability” being repeatedly stressed as the top priority in the nation’s economic policies.In a commentary piece published on the People’s Daily website on Sunday, “preventing and dissolving major risks” was described as “an essential requirement and bottom-line mission to ensure the stable and healthy development of the country’s economy”.“From a macroeconomic perspective, we should prevent…

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