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China’s Two-Speed Economy Tests Beijing
Published 3 weeks, 1 day ago
Description
China is stepping up efforts to revive its economy with lower interest rates, expanded lending and mortgage subsidies aimed at supporting homebuyers. But while manufacturing and exports are showing resilience, domestic demand, investment and the property sector remain weak, leaving the economy increasingly reliant on external demand. Can Beijing’s latest measures restore confidence at home, and what happens if China can no longer depend on exports to compensate for sluggish domestic growth?
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