China's QE in the Context of Economic Long-Wave Theory
by: Yi Hu
Based on economic long-wave theory, Stimulated by Aby Economics, we explored the framework of China’s QE. A new form of QE was created to deal with the contraction of China’s economy which has been immune to mainstream economic policy. The new form of QE is aimed at Easing Monetary Policy, small-scale living-related Fiscal Policy and revival of estate industry.
Keywords: soft systems thinking; economic long-wave theory; Aby economics; Easing monetary policy