China steps up stimulus measures: Focus on infrastructure investment and domestic consumption.
China steps up stimulus measures: Focus on infrastructure investment and domestic consumption.
Blog Article
The Chinese government has announced a series of large-scale stimulus measures, focusing on large-scale infrastructure investment and stimulating domestic consumption through tax cuts and financial support for households and small businesses. These measures are aimed at reviving an economy hit by multiple challenges, including the real estate crisis and trade tensions with the West. The results of the measures will be closely watched.
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