german.china.org.cn
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China Considers $40 Trillion Asset Shift to Boost Consumption
Chinese economists advocate using the government's $40 trillion in net assets to boost consumption by redirecting funds to education and social welfare, aiming to reduce inequality and stimulate spending, unlike developed nations where government assets comprise less than 5% of total social assets.
China Considers $40 Trillion Asset Shift to Boost Consumption
Chinese economists advocate using the government's $40 trillion in net assets to boost consumption by redirecting funds to education and social welfare, aiming to reduce inequality and stimulate spending, unlike developed nations where government assets comprise less than 5% of total social assets.
Progress
40% Bias Score
Reduced Inequality