What happens if China's stimulus plans and interest rate cuts don't work?

ThaDRAGN answered one year ago …

No matter what these are only bandaid measures for China. The real work needs to be done on bulking up their domestic purchasing power in a sustainable way. For the most part China's GDP growth has largely been driven by its export businesses. Foreign capital flows have been keeping China in business, so to speak.

Compare that to the US where 70% of our GDP is made up of consumer spending. That's what China needs to see, otherwise the country is susceptible to recessions due to the spending patterns of other countries.