Policy Simulation: Macroeconomic Effects of Slowdown in Private Investment Growth
- 323 Downloads
In the first half of 2016, China’s private investment growth dropped sharply, triggering concern and heated discussion among policymakers and scholars. Given the easing monetary policy implemented especially in the first quarter, what made the private investment growth plummet? Some clues may be found by analyzing changes in shares of private investment in total FAI by industry.