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04 May
14:07

China’s ailing economy awaits effective stimulus

China has been doing everything it can to support economic confidence, short of changing its policy towards Covid-19. However, as Covid continues to spread despite China’s hard line, the economic comeback is being steadily delayed and the economic cost grows, Kallanish notes. The spread of Covid across key Chinese cities, first in the industrial northeast and then in the economic hub around Shanghai, has had a deep impact on the Chinese economy. Manufacturin…
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