Xi Jinping launched a fiscal stimulus package of $128 billion in China, raising concerns about debt and inflation

From Google: 2024-09-29 05:57:00

Xi Jinping recently launched a massive fiscal stimulus package worth $128 billion to boost China’s economy. However, experts warn that the move could lead to a surge in debt levels and inflation, causing potential risks for the country’s financial stability. Investors remain cautious about the long-term impact of the stimulus on China’s economy.



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