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Meaning of 紧缩

Lookup via: Pinyin | Radicals
jǐn suō (Trad.: 緊縮)
(economics) to reduce; to curtail; to cut back; to tighten; austerity; tightening; crunch
Related Words
Example Sentences
1
The Government decided to deflate.
2
Some banks tightened up on their credits.
3
But that something should not be austerity at any price.
4
The administration's policy seems to crunch the economy in order to combat inflation.
5
Yet virtually all plan to step up the pace of austerity.