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RE: LeoThread 2024-12-07 11:02

in LeoFinance10 months ago

Part 5/12:

This period marked a desperate response from the Chinese government to revitalize the economy after concerns became too strong to ignore. However, despite brief optimism following stimulus implementations, the Chinese stock market quickly fell, revealing the ineffectiveness of the measures, which predominantly focused on issuing more local government bonds rather than real economic stimulation.

Consumer Spending: The Core Issue