11min chapter

World Today cover image

Chinese PLA warns Taiwan separatists with military drills

World Today

CHAPTER

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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