Why China Won’t Give Up on a Failing Economic Model

Business

In late September, after months of missing post-pandemic growth targets, the Chinese government began rolling out a broad set of economic stimulus measures. So far, these have included stock market support, monetary policy easing, the recapitalization of large state-owned banks, and some limited fiscal stimulus. The total amount and specifics of the fiscal stimulus will be revealed after the U.S. election, following the National People’s Congress Standing Committee meeting in early November,

Why China Won’t Give Up on a Failing Economic Model https://www.foreignaffairs.com - 31.10.2024 08:48

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Why China Won’t Give Up on a Failing Economic Model https://www.foreignaffairs.com - 31.10.2024 08:48