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Introducing the Trivium Podcast, now on the Sinica Network

Sinica Podcast

CHAPTER

Navigating Economic Challenges in China

This chapter explores the current economic landscape in China, particularly the disappointing nominal GDP growth and its implications for fiscal policy and local government challenges. It emphasizes the need for boosting domestic consumption amidst rising debt levels and scrutinizes the government's cautious approach to monetary policy and welfare reforms. The discussion highlights financial strains faced by local governments and the potential consequences of delayed monetary responses on consumer behavior and economic stability.

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