These days, China’s financial system has been within the doldrums, with the chance of a “deflationary spiral” lurking. Plus, toss within the election of Donald Trump within the US — and reaching the financial targets President Xi Jinping set greater than a decade in the past appears much more tough. The FT’s China bureau chief Joe Leahy examines Beijing’s newest plans to repair the nation’s financial system and whether or not it is going to be sufficient to maintain up with Xi’s long-term plans for development.
Clips from Bloomberg, CBS, Yahoo Finance
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For additional studying:
Why Xi Jinping modified his thoughts on China’s fiscal stimulus
Why China is betting on native governments to spur the financial system
If China’s statistics can’t be scrutinised, doubts concerning the financial system will solely develop
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On X, comply with Joe Leahy (@leahyjoseph) and Michela Tindera (@mtindera07), or comply with Michela on LinkedIn for updates concerning the present and extra.
Learn a transcript of this episode on FT.com
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