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China's Stimulus Measures Show Gradual Impact Amid Economic Caution
China's recent stimulus measures are slowly impacting the economy, with cautious optimism from companies like Meituan, Alibaba, and Tencent regarding future growth. While manufacturing activity shows signs of improvement, the labor market remains weak, and external uncertainties pose risks. Analysts suggest that further fiscal support may be necessary to sustain momentum as the country aims for a growth target of around 5%.
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