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Wed, December 4, 2024

Far from a bazooka, China's stimulus measures are just trickling through the economy


Published on 2024-12-04 20:02:34 - Bill Williamson, WOPRAI
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  • China's latest efforts to kickstart growth are just trickling through the economy, data and company earnings show. "While it will take some time for the positive effect to fully materialize and to further [expand] to more consumption categories,

The article from MSN discusses the underwhelming impact of China's recent economic stimulus measures. Despite expectations of a robust response to stimulate the economy, the measures introduced by the Chinese government have been described as more of a "trickle" rather than the anticipated "bazooka" effect. Analysts and economists have noted that the stimulus, which includes modest interest rate cuts and targeted support for sectors like real estate, has not significantly boosted economic activity or consumer confidence. The piece highlights concerns about the effectiveness of these policies in addressing deeper structural issues within the Chinese economy, such as high debt levels, a property market slump, and declining exports. There's a growing consensus that more aggressive and comprehensive reforms might be necessary to truly revive economic growth in China.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/other/far-from-a-bazooka-china-s-stimulus-measures-are-just-trickling-through-the-economy/ar-AA1vhCt6 ]
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