China

China says ‘extraordinary’ coronavirus stimulus policies from US, Europe have ramped up global inflation risks

China’s financial regulators have again raised concerns about the potential side effects of massive economic stimulus in the West, while calling for the removal of tariffs on Chinese goods to help tame global inflation.Speaking at a financial forum in Shanghai on Thursday, senior central bank officials also said inflation did not pose a big threat to the world’s second-largest economy, and monetary policy would be kept steady.The criticism of Western stimulus policy comes at a delicate time for…

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