China's fiscal stimulus is losing its effectiveness, S&P says
cnbc.com/2024/04/19/chinas-fiscal-stimulus-is-losing-its-effectiveness-sp-says.html
Pictured here is a commercial residential property under construction on March 20, 2024, in Nanning, capital of the Guangxi Zhuang autonomous region in south China.
BEIJING — China's fiscal stimulus is losing its effectiveness and is more of a strategy to buy time for industrial and consumption policies, S&P Global Ratings senior analyst Yunbang Xu said in a report…
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