China's "beautiful deleveraging" needed
This is a China news story, published by CNBC, that relates primarily to Ray Dalio news.
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beautiful deleveragingCNBC
•China needs stimulus with 'beautiful deleveraging' to avoid debt crisis, says Ray Dalio
82% Informative
Ray Dalio : China must employ a "beautiful deleveraging" in addition to its recent stimulus measures to avoid debt crisis.
The billionaire investor defines a balanced approach to deficits that utilizes debt restructuring along with the printing of money and debt monetization.
While restructuring is deflationary, the creation of money is inflationary; thus, it is the best way to reduce debt burden.
Since the end of September , Beijing has announced several waves of stimulus and reform measures aimed at boosting economy.
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