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Beijing’s Big Gamble: Stock Markets Soar On China's Stimulus
Manage episode 443103458 series 3302490
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China’s economic boom has slowed as debt, deflation, and demographics weigh on the economy. Beijing belatedly announced a massive stimulus package, cutting interest rates and funnelling money into the stock market. But will it be enough to turn around the world's second biggest economy?
And in today’s Dumb Question of the Week: What’s the difference between fiscal and monetary policy?
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