China's Economic Woes Deepen Can Electric Cars Spark a Recovery?

China's Economic Woes Deepen Can Electric Cars Spark a Recovery?

China faces a graver economic crisis than 16 years ago, prompting unprecedented measures to stabilize plummeting equities.

Xi Jinping's concern over capital flight triggers aggressive fiscal and monetary stimuli, nearing trillions of yuan. While short-term relief may come, China's deeply rooted economic challenges persist.

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