China’s stimulus package for this year, including recently announced measures aimed at revitalizing its slowing economy, is estimated to total approximately RMB 7.5 trillion (USD 1.07 trillion), which represents around 6% of the country’s GDP. As I’m writing this, the finer details of the entire stimulus package have not been fully disclosed yet. But still, […]

source: https://thefinance.sg/2024/10/18/chinas-stimulus-package-a-boon-or-a-bubble-waiting-to-burst/