New Delhi, May 23 (IANS) China’s restrained approach to uplift its slowing economy “reflects concerns over local government debt burdens and the decreasing effectiveness of large-scale stimulus measures,” a report has said.Hence, the report from Geopolitical Futures said expectations for China’s medium-term growth outlook have become more cautious, and with a rapid rebound seeming increasingly unlikely.China’s economy will remain difficult to keep in balance due to pressures from weak domest…
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