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China's Monetary Policy and Federal Reserve's Decision
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Overview
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China's central bank is expected to implement proactive fiscal policy next year to achieve stable growth, with the former central banker suggesting more room to lower the reserve requirement ratio (RRR) than to cut interest rates. The economy is facing challenges, including pandemic-related measures and concerns about debt issues in the property development sector. The Federal Reserve's reluctance to consider rate cuts despite signs of economic strain is also highlighted.
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How might the challenges faced by China's economy and the Federal Reserve's decision influence international trade and investment?
How might the implementation of proactive fiscal policy impact China's economy in the long term?
What are the potential implications of the Federal Reserve's hesitation to consider rate cuts on global financial markets?
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