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The Central Financial Commission has vowed to keep policies in line with international rules and avoid jarring turns in regulation in an attempt to reverse or mitigate 2023’s precipitous drops in stock value and foreign investment.
Several economic researchers and observers have emphasised the need for measures to boost demand, particularly direct cash payments to households, but have lamented such action is unlikely to be taken at present.
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Domestic products are increasingly driving consumption in China at a time when retail choices have begun to shift away from the long-time pursuit of international brands, according to economic observers.
A city in China’s northwest has been thrust into the spotlight for a light rail project that has seen delays, environmental criticism and cost overruns amid a campaign to curb excessive spending.