Part 3/10:
The Chinese government recently unveiled plans to borrow trillions of yuan in an attempt to stimulate the economy. While this has garnered some attention from economists and media, the markets remain unconvinced. The latest economic data for November only deepens concerns, with purchasing managers' indexes (PMIs) showcasing weak performance—especially in services, which is critical for the overall economy. The real estate market showed minimal signs of recovery, with previous gains evaporating almost as quickly as they came.