Is China’s $1.4 trillion fiscal stimulus enough to boost economic confidence?

China is set to approve its largest fiscal stimulus package since the pandemic, totaling around $1.4 trillion, or 10 trillion yuan, in an effort to stabilize its $18 trillion economy.  Facing the pressures of a slumping real estate sector, rising local government debt, and shaky consumer confidence, Beijing is moving to address core vulnerabilities in […]