China will ‘significantly’ increase spending to revive economic growth

  • Posted on October 12, 2024
  • By CNN
  • 3 Views
China will ‘significantly’ increase spending to revive economic growth

China will “significantly increase” government debt issuance to offer subsidies to people with low incomes, support the property market and replenish state banks’ capital as it pushes to revive sputtering economic growth.
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CNN

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