Last month, China announced a stimulus package that prompted a boom in the stock market in anticipation of a policy pivot. Unfortunately, this doesn't appear to be the case and the CCP are staying the course. So what do this mean for the Chinese economy?
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1 - https://jobenomics.com/consumption-based-economy/ 2 - https://www.nytimes.com/2023/07/31/business/china-economy-consumer-stimulus.html 3 - https://www.economist.com/finance-and-economics/2024/03/31/how-xi-jinping-plans-to-overtake-america 4 - https://www.theguardian.com/world/2024/sep/24/china-economy-stimulus-package-measures-yuan-pbc 5 - https://www.ft.com/content/4ebcd960-87b3-44b8-91fb-1103c29224a8 6 - https://www.ft.com/content/f06b7f01-02fa-4dd3-bc9f-3753ac850905 7 - https://www.economist.com/leaders/2024/10/03/dont-celebrate-chinas-stimulus-just-yet 8 - https://www.economist.com/finance-and-economics/2024/09/27/at-last-china-pulls-the-trigger-on-a-bold-stimulus-package 9 - https://www.economist.com/finance-and-economics/2024/10/02/xi-jinpings-belated-stimulus-has-reset-the-mood-in-chinese-markets 10 - https://www.ft.com/content/008443cd-bb44-4b4f-b60e-17894fdba221