What I Read This Week…
China announces its biggest economic stimulus package since 2008, Meta unveils AR glasses and Llama 3.2, and scientists cured a patient with advanced type 2 diabetes
Watch All-In E197 Read our Deep Dive on Drug Development Caught My Eye… China has announced its biggest economic stimulus package since 2008, aimed at addressing multiple economic challenges it currently faces, including a property market downturn and weak consumer spending. The stimulus package includes cutting interest rates by 30 basis points, from 2.3% to 2%, and lowering banks' reserve requirements. The government also plans to issue an additional 2 trillion yuan in bonds, equivalent to about 1.5% of China's GDP. In response to the announcement, Chinese and Hong Kong stock markets…
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