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Navigating China's Economic Challenges
This chapter examines the complexities of China's $50 trillion real estate market as it faces significant deleveraging challenges, highlighting the inefficacies of current fiscal measures. The discussion underscores the vital need for substantial policy interventions to stimulate real economic activity amidst widespread skepticism over China's growth targets. Additionally, it explores the implications of Chinese economic sentiment on global markets, asset classes, and the interconnectedness of macroeconomic trends.