OpinionThinking About China

China’s Economic Stimulus Package Is Just for Show

The CCP seems more distracted by political infighting than addressing economic problems.
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China’s Economic Stimulus Package Is Just for Show
Motorists commute on a street in the Lujiazui financial district in Shanghai on June 5, 2024. Hector Retamal/AFP via Getty Images
Wang He
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Commentary

Beijing has announced new measures to boost China’s sluggish economy amid decreasing domestic demand and rising tariffs on exports. However, the market performance following a recent press conference held by its top economic body was disappointing.

Wang He
Wang He
Author
Wang He has master’s degrees in law and history, and has studied the international communist movement. He was a university lecturer and an executive of a large private firm in China. Wang now lives in North America and has published commentaries on China’s current affairs and politics since 2017.