China’s leadership underwhelmed investors with a seemingly restrained 2024 budget plan. But a closer look beyond the headline numbers suggests the package could pack a bigger punch than initially thought.
See Also
China's GDP grows 5.3% in 1st quarter on stimulus measuresUnpacking China’s 2024 growth target and economic agendaChina’s factory activity shrinks for fifth monthChina kept its official budget deficit target unchanged at 3% of gross domestic product, but that underplays government support because it leaves out a large amount of investment spending.
