HONG KONG -- China should increase the intensity of its macroeconomic policies and stick to an inflation goal of 2% to 3%, an adviser to the central bank has argued, echoing calls by experts for more stimulus to prop up demand.
Economy
China's top economist calls for higher inflation to spur growth
PBOC adviser proposes CPI growth of 2-3% as 'rigid' policy target
Customers and stallholders at a flea market in Beijing, China. An adviser to the country's central government has called for support for migrant workers and the direct distribution of money to households in order to boost consumption. © Reuters
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