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Explain the recent performance of the chinese economy

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Question: According to the article China Slashes Rates, Suspends Youth Jobless Data as Economy Signals Sharper Downturn, published in WSJ in 2023, which we discussed in class, the Chinese economy has recently experienced an increase in unemployment, while consumer prices have tipped into deflationary territory. Based on the discussions that we had in class about the Chinese economy, what factors can explain the recent performance of the Chinese economy?

Reference no: EM133575268

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