How China’s Keynesian experiment paid off

In the aftermath of the GFC, Beijing and Washington both unveiled large stimulus packages - the results of which could not have be more different. Why was China's package so much more effective?

Graph for How China’s Keynesian experiment paid off

Chinese 100 yuan (RMB) bank notes being counted at a bank in Huaibei, in eastern China's Anhui province. (CHINA OUT AFP PHOTO)


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