image text translation
CHINA
Xi Digs In With Top-
Down Economic Plan
Even as China
Drowns in Debt
Xi Jinping is bracing for a showdown
sticking with economic policies aimed
at making Chinathe world’s most
powerful country
By Lingling Wei (Follow
Updated Dec: 23, 2024 12.15 am ET
A
As dark clouds gathered over the Chinese economy early this year, the Chinese governmentimage text translation
The central advisory body of Shantang is the leaders of Beijiang.
We have prepared a report for you.
This report calls for a more urgent need to revive growth.
If measures are not taken, China will become the United States during the Great Depression.
You can fall into a deflation line, which is the same disaster that happened in
I warned you that it was there.
But President Xi remains unfazed.
“Why is the deflation line so wide?”
Jin Hong went to the doctor in Beijiang, saying that there was no water for his subordinates.
People close to Jeong say:
‘People drink water
“Don’t you like it when things are cheap?”
Economists say China’s decline in prices and demand
Despite concerns that it could fall into a vicious cycle of weakness,
With President Xi’s remarks, Chinese policy-making circles
People say this topic is taboo
all:
At a high-level meeting this month, Chinese leaders called for a ‘reasonable
Although the need for ‘phosphorus price recovery’ was acknowledged, the two-day loss
Key details about how this will be done remain unclear.
We leave you with:
The people at the top don’t even know about deflation.