As China Faces Slowdown, Stimulus Will Have Smaller Global Reach

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As China Faces Slowdown, Stimulus Will Have Smaller Global Reach
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China’s spending spree during the global financial crisis helped pull the world economy out of recession. This time, Beijing’s stimulus might not pack the same punch.

China’s leadership is adopting what some traders dub a “cocktail approach” to arresting its economic slowdown. Its remedies include a mix of greater deficit spending, tax cuts and easier credit.

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