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Chinese Economy Increasingly Reliant on Fiscal Stimulus | All About Forex World
The latest economic data from China suggests that recent fiscal stimulus efforts in the world’s second-largest economy have been successful. Fixed asset investment rose 6.1% year over year in February. This was a firm increase from the prior 5.9% reading. Similarly, infrastructure investment also rose by 4.3% in February. This was 0.5% higher than the average …