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20min chapter
China's latest stimulus package: is it enough to save the economy?
The Sound of Economics
Stimulus Measures and Structural Challenges in China
This chapter examines the recent stimulus package's impact on Chinese households, particularly highlighting the shortcomings in direct aid for families facing economic challenges. It discusses the contrast between China's fiscal policies and Western automatic support systems, arguing for a need to adopt more sustainable measures rather than temporary fixes. The conversation also draws parallels to Japan's economic history, emphasizing the importance of structural reforms for long-term recovery and growth.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode