China economic stimulus

Why China Isn’t Pulling the Stimulus Trigger

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Why China’s Stock Exchange Creates a Headache the Chinese Communist Party

Advertisement For China’s leadership, this summer has been challenging on multiple fronts. In politics, opaque circumstances led to the removal of the former foreign minister. In the military, two top generals have been purged amid rumors of corruption and leaking secrets. In foreign affairs, ties with Washington continue to languish. And at home, floods brought … Read more

China’s Massive Economic Stimulus Is Not Coming Back 

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China’s Massive Economic Stimulus Is Not Coming Back 

Advertisement During the 2008 Global Financial Crisis, China’s then-Premier Wen Jiabao declared: “In the face of economic difficulties, confidence is more important than gold and currency.” Consequently, a Chinese economic stimulus worth 4 trillion Chinese yuan ($586 billion) was issued to shore up the economy during that year. This economic measure was Beijing’s largest move … Read more