China's National Development and Reform Commission (NDRC) has announced an initiative to incentivize the Private Sector and stimulate the economy in the second half of the year. The NDRC has a list of over 2,900 projects requiring a total investment of $447 billion, with the hope that the private sector will be interested. However, experts are skeptical about the profitability of these projects and the ability to restore confidence in the private sector after years of crackdowns. Additionally, foreign investors are increasingly cautious about investing in China due to regulatory challenges and unclear laws.

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