Skepticism Surrounds Xi’s Stimulus Package in Washington

Reported about 1 month ago

President Xi Jinping's recent economic stimulus package has not impressed global leaders in Washington, with calls for clearer policies and additional measures to improve China's economic growth. Central bank officials and finance ministers expressed concerns over the lack of clarity in the fiscal plan and emphasized the need for reforms to bolster domestic consumption. As China awaits critical legislative meetings to discuss potential new stimulus, officials were notably reserved during discussions, raising questions about the effectiveness of the measures announced so far.

Source: YAHOO

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