China Needs To Spend 4% Of GDP Per Year

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🇨🇳 🇨🇳 According to a back-of-the-envelope calculation from Alpine Macro, a financial research outlet, China needs to deploy a spending package of at least 4% of gross domestic product per year to get out of its deflationary trap

Read More: bit.ly/China-Must-Spend

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#ChinaEconomy #DeflationaryTrap #EconomicGrowth #FiscalPolicy
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