China’s fiscal policy: shifting from local to central
1/ Is the official budget enough to help achieve the implied optimistic GDP growth in 2024?
2/ Does the issuance of special treasury bonds suggest a shift of stimulus focus from local governments to the central government?
3/ What could be the potential sectors receiving fiscal support?

Louise Loo
Lead Economist
+65 6850 0126

Louise Loo
Lead Economist
Singapore
Louise Loo joined Oxford Economics in 2022, with a focus on Greater China. Prior to OE, she was a senior economist at Morgan Stanley and Goldman Sachs. At Goldman Sachs, she was also an advisor to China MoF with regards to its sovereign credit rating. Louise is originally from Malaysia and has earned Economics and public policy degrees with Sheffield University and Columbia University.

Betty Wang
Lead Economist

Betty Wang
Lead Economist
Singapore
Betty joined Oxford Economics in January 2024 as Lead Economist covering Greater China and regional trends in Asia, based in Singapore.
Before joining Oxford Economics, Betty served as a Senior China Economist at Australia and New Zealand Banking Group Ltd, based in Hong Kong. She has built a strong reputation among corporate and financial institutional clients, with her China research widely cited by local and international media. Beyond her Greater China coverage, Betty took initiatives and expanded her research focus to ESG and sustainable finance, leading the team to win the best ESG research award in Australia. Betty started her career at Standard Chartered Bank in 2008, where she worked as a Northeast Asia Economist.
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