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China hikes state workers' pay, aiming to boost consumption
China has raised the salaries of millions of civil servants as part of an effort to increase private spending. Policymakers are quashing discussion of the step, evidently hoping to avoid public outcry. Experts question the measure's economic benefits.
β https://www.nzz.ch/english/china-hikes-state-workers-pay-aiming-to-boost-consumption-ld.1864853