Recently, China’s economic system has been within the doldrums, with the danger of a “deflationary spiral” lurking. Plus, toss within the election of Donald Trump within the US — and reaching the financial objectives President Xi Jinping set greater than a decade in the past appears much more tough. The FT’s China bureau chief Joe Leahy examines Beijing’s newest plans to repair the nation’s economic system and whether or not it will likely be sufficient to maintain up with Xi’s long-term plans for progress.
Clips from Bloomberg, CBS, Yahoo Finance
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For additional studying:
Why Xi Jinping changed his mind on China’s fiscal stimulus
Why China is betting on local governments to spur the economy
If China’s statistics can’t be scrutinised, doubts about the economy will only grow
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On X, observe Joe Leahy (@leahyjoseph) and Michela Tindera (@mtindera07), or observe Michela on LinkedIn for updates in regards to the present and extra.
