To consolidate its post-pandemic growth momentum in 2021, China should not be in a rush to exit from expansionary fiscal and monetary policy. The government may have to issue more bonds than planned, and the People’s Bank of China may need to implement quantitative easing to facilitate this.
explains why the authorities should not rush to tighten their fiscal and monetary stance.
Freedom of the press is the mortar that binds together a free society. If Indian Prime Minister Narendra Modi’s efforts to de-institutionalize what used to be a dynamic and independent Fourth Estate persists, public confidence in the media will steadily decline, along with confidence in Indian democracy.
raises the alarm about the Indian prime minister's steady erosion of the country's Fourth Estate.