BEIJING — China's fiscal stimulus is losing its effectiveness and is more of a strategy to buy time for industrial and consumption policies, S&P Global Ratings senior analyst Yunbang Xu said in a report Thursday.
Evelyn Cheng is a Beijing correspondent for CNBC, covering news and developments in China. With a background in journalism and experience working for various media outlets, Evelyn provides insights and analysis on China's economy, technology, and business landscape. Her work has been featured in publications such as Flipboard, NBC News, and The West Australian.