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Opinion | Why China is reluctant to launch a massive economic bailout

Beijingโ€™s move away from aggressive macroeconomic policy goes back to โ€˜de-riskingโ€™ efforts that began in 2016. However, the growing risk of a protracted downturn underscores the need to find more effective solutions to the pressing economic challenges.
Yi Gang United States Edmunds Phelp William Brainard Peterson Institute For International Economics People Bank
Source: scmp.com

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