China’s top economic policymakers have been engaged in heated debate over whether the country’s central bank should directly buy special bonds issued by the finance ministry to help the government’s economic support measures. The discord reflects the differing schools of thought in China over how best to help the world’s second largest economy recover from the coronavirus. The National People’s Congress (NPC), which is due to meet in less than three weeks, is expected to provide clearer signals on Beijing’s economic policy. Liu Shangxi, president of the Chinese Academy of Fiscal Sciences, a finance ... (full story)