Global reliance on China won’t reduce

By Zhang Jun | China Daily | Updated: 2020-04-14 07:19The global recession the novel coronavirus pandemic is certain to bring about will be far deeper and more protracted than the one that followed the 2008 global financial crisis. While many governments have pledged to bolster their economies with unprecedented monetary and fiscal stimulus-despite having already massive public debt-the best they can probably hope for is to stave off economic collapse. If they insist on turning inward-pointing fingers and erecting barriers, instead of upholding international cooperation and economic engagement…

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