
Will China’s Stimulus Efforts Work?
Ones and Tooze
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China's Economic Stimulus Strategies
This chapter examines China's expansive stimulus efforts designed to revive its struggling economy, focusing on debt issuance, subsidies for low-income citizens, and support for the real estate sector. It contrasts these measures with historical U.S. stimulus packages, highlighting skepticism about their effectiveness and the broader implications for long-term economic health. Additionally, the chapter explores the interplay between political goals and current economic strategies, including cultural attitudes toward welfare and consumer demand.
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