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Experts Push for More Fiscal Spending to Boost China’s Weak Domestic Demand
Investor summaryBullish
Chinese economists urge the government to increase fiscal spending and leverage to boost domestic demand and repair balance sheets.
Bull points
- Potential fiscal stimulus could boost consumer confidence and purchasing power.
- Government leverage increase may help repair local government and corporate balance sheets.
BABA降息与宏观
Post body
Two Chinese economists have called on the central government to provide greater policy support to boost consumer confidence and purchasing power, while also increasing leverage to repair the balance sheets of local governments and businesses.
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