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China ready for $1.4 trillion fiscal bazooka, top economist says

By Economic Times - 2 months ago
China could boost its economy by issuing up to 10 trillion yuan in special debt, according to Jia Kang, former head of a Ministry of Finance-affiliated research institute. He suggests the funds would stimulate jobs, income, and consumption. Discussions on Beijing's fiscal strategies and potential impacts continue among economists.

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