Categories: Social Media News

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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Social Media Asia Editor

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