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Beijing’s Big Gamble: Stock Markets Soar On China's Stimulus

Many Happy Returns

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China's Economic Quandary

This chapter examines the intricate challenges facing China's economy, focusing on issues of deflation, high personal savings, and overcapacity in production. It highlights the significant debt burdens on local governments and banks, alongside a struggling property market that has serious implications for economic stability. The discussion also considers the risks to innovation amid shifting dynamics in venture capital and government support for startups, raising concerns about China's future as a technological leader.

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