Part 11/11:
As we anticipate upcoming economic targets and stimulus measures from China’s leadership, the discrepancy between public spending and consumer demand continues to loom large. With projected increases in the central government’s planned budget deficit and additional bond issuance, the landscape remains tumultuous.
Thank you for tuning into today’s episode of China Update. As China grapples with these compounding economic pressures, we look forward to unpacking more developments in the days ahead. Have a productive week, and we’ll see you tomorrow.