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Navigating Economic Challenges in China
Exploration of the economic pressures in China, proposing strategies such as issuing consumption coupons and cutting national contributions to stimulate the economy. Discussion on balancing policy stimulus with sustainability, including the potential for the PBOC to trade government bonds for liquidity regulation. Assessment of tools like PSL, open market operations, and monetary financing to manage liquidity and fiscal deficits with a focus on stimulating consumer spending through housing.