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HomeNewsOpinionBeijing holds China’s economic future in its hands

Beijing holds China’s economic future in its hands

To stop a problem becoming a crisis, the government needs to start spending

©The Financial Times Limited 2020 Aug 2, 2023 / 11:44 AM IST
All Rights Reserved. FT and Financial Times are trademarks of the Financial Times Limited Not to be redistributed, copied or modified in any way.
China’s central government is one of the least indebted in the world. It has ample scope to transfer cash to households, boost consumption and get the economy moving.
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