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ICYMI: China reportedly weighs new stimulus, higher deficit to meet growth target

ICYMI: China reportedly weighs new stimulus, higher deficit to meet growth target
Justin caught wind of this on Tuesday ICYMI:China reportedly weighs new stimulus, higher deficit to meet growth targetThe gist of this is that China is considering new stimulus and higher deficit to meet its annual growth target. Chinese authorityes mulling the issuance of at least CNY1 trillion ($137.1 billion) of additional sovereign debt for spending on infrastructure such as water conservancy projectsStories like this underpin AUD. Of course, there is plenty else going on but this story didn... Read More
Posted: Oct 10 2023, 21:55
Author Name: forexlive
Views: 082699

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