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China Readies to Increase Gov’t Debt

China Readies to Increase Gov’t Debt

by Teuvo Tuomi | Oct 12, 2024 | China, Business, Economy, News, Reports

China says it will “significantly increase” government debt to offer subsidies and to revive economic growth. Finance Minister Lan Foan says there will be more “counter-cyclical measures” this year. China faces deflationary pressures due to a...

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