A nation must think before it acts.
Director of FPRI’s Asia Program Jacques deLisle Featured in Knowledge@Wharton Podcast on Panic over the Chinese Economy
“[China’s recent moves] are all classic stimulus tools. The concern is they are already pretty deep into the toolbox,” explained deLisle. He also said that China is using “all policy tools at once … without an obvious prioritization,” a method that is like “hitting the gas and the brakes alternately.”