China can withstand fallout from trade tensions
By Zhou Lanxu | China Daily | Updated: 2019-05-28 07:36
Nation's supportive monetary policies, fiscal stimulus will pay off, say experts
The Chinese economy can "surf through" the tide of Sino-US trade tensions, as both broad-based and targeted measures to stabilize growth will pay off, said senior economists at Netherlands-based global financial institution ING Bank NV.
"Holistically, China can weather and surf through the trade tensions because it has the fiscal stimulus and supportive monetary policies already in place," said Iris Pang, director and economist of ING in China.
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