Chinese PLA warns Taiwan separatists with military drills
World Today
China's Economic Boost: Fiscal Policy Insights
This chapter explores China's newly announced fiscal policies aimed at stimulating the economy, featuring key measures from the Finance Minister regarding local government debt and the real estate market. It includes an interview discussing the interplay between these fiscal strategies and monetary policies, highlighting the government's commitment to improve standards for vulnerable groups. The chapter emphasizes the significance of public spending and confidence in China's financial health amidst challenges and a relatively low public debt-to-GDP ratio.
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