Cuts, cash, credit: China’s latest bid to jumpstart flagging economy …C0NTINUE READING HERE >>>
Investors and analysts warn that more state support is needed for the world’s second-largest economy.
Photo: WANG Zhao / AFP
Source: AFP
China this week unveiled a bundle of new measures aimed at kickstarting its economy, which has been battered in recent years by unprecedented headwinds including a property sector crisis and sluggish spending.
The stimulus announced by the central bank come after warnings that more state support was needed to get the world’s second-largest economy…
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