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China's Economic Landscape: Challenges and Strategies
This chapter explores China's economic outlook, focusing on the government's growth target of 5% and the associated fiscal strategies aimed at boosting consumption. It examines the skepticism surrounding these targets, the dynamics of foreign investment amidst trade tensions, and key economic indicators that signal challenges in retail spending and the labor market. The chapter highlights the complex interplay between state and private sectors, with an emphasis on the ongoing risks in the property market and the stabilizing effect of major banks.