Xi Has Finally Realized What's Ailing China - Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 The latest stimulus package signals a technocratic shift within the government. Storm clouds are gathering over China’s economy. Photographer: Cheng Xin/Getty Images Listen 5:07 Once bitten, twice shy. The supercharged stimulus measures China’s top leaders announced in recent days has left many investors unconvinced. After all, Beijing has been vowing to revive growth with rate cuts and special lending programs for months — to little avail. The property market is cooler than ever, producers’ deflation is entering a third year, and youth unemployment hit a record high again. Investors have been asking me how this round of stimulus is different: Is it the whatever-it-takes moment for China? Has the economy gotten so bad that it

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 The latest stimulus package signals a technocratic shift within the government. Storm clouds are gathering over China’s economy. Photographer: Cheng Xin/Getty Images Listen 5:07 Once bitten, twice shy. The supercharged stimulus measures China’s top leaders announced in recent days has left many investors unconvinced. After all, Beiji