September 27, 2024
China’s stimulus no bazooka, but urgency has arrived
Sep 27, 2024 – 3.57pm
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China’s efforts to stimulate its economy this week received a mixed reaction, but what everyone agrees on is that the Chinese government needed to do something to stop the economic rot.
For ordinary people, one the clearest signs of an economy in trouble is falling wages. In China, internet forums are full of people anxiously posting about salary cuts.
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