International Economic

China unveils £1.1bn stimulus package

By Abigail Townsend

Date: Friday 08 Nov 2024

(Sharecast News) - China unveiled its latest stimulus package on Friday, as it looked to tackle surging levels of local government debt and revive the country's flagging economy.
Following a week-long meeting, Beijing approved a Rm10trn (£1.1bn) plan to help heavily-indebted local governments refinance. The funds will go towards reducing off-balance,...

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