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China's Economic Data Deteriorates; the Ccp's "Support for Consumption" Proves Empty Rhetoric
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Data released yesterday (December 15) by China's National Bureau of Statistics showed that China's consumption, investment, and real estate markets continued to deteriorate, bringing renewed focus to the problem of insufficient domestic demand. The state media's reiteration of Xi Jinping's remarks from ten years ago on "supporting consumption" has been criticized as an attempt to shift blame, but it proves that his pronouncements over the past d…
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