What targeted measures is Premier Li Chong promising to help stimulate the economy?
China's Li Says Recovery at Critical Stage
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The transcript discusses Premier Li Chong's recent comments on China's economic stimulus, emphasizing targeted measures rather than a massive stimulus. Economists have cautioned against large-scale interventions, aligning with the Premier's remarks. Recent data indicates a slowing economic recovery, with challenges in the services and manufacturing sectors. The property market remains unstable. While the Premier's comments are vague, they provide some direction for market expectations.
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2.
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What have economists warned about regarding massive stimulus in China?
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What recent data suggests about the economic recovery in China?
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How is the manufacturing sector performing according to the text?
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What is the nature of the comments made by Li Chong regarding government stimulus?
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