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China Maps Out Latest Plan To Boost Consumption, Raise Incomes: Here's Why All Such Prior Plans Have Been Failures
China Maps Out Latest Plan To Boost Consumption, Raise Incomes: Here's Why All Such Prior Plans Have Been Failures It feels like every 3 months China comes up with another zany plan to boost the economy and kickstart consumption, which spikes stocks for a few days, but promptly goes nowhere, is quickly forgotten... only to be replaced with another zany plan 3 months later, and so on. Today was no exception to this laughable cadence - which has achieved absolutely nothing but unleas
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