China's plan involves increasing infrastructure spending and cutting taxes, raising concerns about sustainability

From Google: 2024-10-13 11:39:00

China’s plan to boost flagging growth involves increasing infrastructure spending and cutting taxes, measures that have been used in the past but have not proven to be sustainable. The country’s rising debt levels and slowing economy raise concerns about the effectiveness of these policies in the long run.



Read more at Google: China’s plan to boost flagging growth is the very definition of economic insanity – The Guardian