China says it has "large room" to raise debt, fiscal deficit
CNA CNA
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 Published On Oct 13, 2024

China pledged to "significantly increase" debt to revive its economy, but left investors guessing on the overall size of the stimulus package. Analysts said the announcement on Saturday at a highly-anticipated news conference by Finance Minister Lan Fo'an was "strong on determination but lacking in numerical details." CNA's Tan Si Hui has more.

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