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China Stimulus Plan to Boost Economy s Competitive Areas, Ex-PBOC Official Says

China Stimulus Plan to Boost Economy s Competitive Areas, Ex-PBOC Official Says
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China Signals Zero Tolerance For Sharp Economic Slowdown With Rare Steps

(Bloomberg) Chinese President Xi Jinping signaled that a sharp slowdown in growth and lingering deflationary risks won’t be tolerated, making a series of rare policy moves to boost the economy while refraining from massive stimulus.Most Read from BloombergIsrael Latest: US Determines Israel Wasn’t Behind Hospital BlastNobody Wants Mutual Funds NowTrump Ally Mike Johnson Becomes Latest GOP House Speaker NomineeChina Developer Country Garden Deemed in Default on Dollar Bond for First TimeBig Te

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China signals zero tolerance for sharp economic slowdown with rare steps

The government increased its headline deficit on Tuesday to the largest in three decades and unveiled a sovereign debt package that marked a shift from its traditional growth model.

Lu tingJia dongxuZhu minAdam wolfeStrategy researchShenwan hongyuan group coPeople bankNomura holdings incPaulson instituteHang seng china enterprises indexPresident xi jinpingZhongyuan groupNomura holdingsCommunist party controlledAbsolute strategyUses infrastructure to offset property downturn

Why China has opted for more stimulus — and why additional reform is needed

China is rolling out a fresh stimulus package to support its economy, in a sign that the ruling Communist party is growing anxious.

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Leading Chinese academic and cultural figures call for Sino-US people power and friendship

Soft power push by Beijing sends delegation including former NBA star Yao Ming to New York ahead of likely meeting between Xi Jinping and Joe Biden.

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