Reported 1 day ago
China's policymakers are set to issue a historic 3 trillion yuan ($411 billion) in special treasury bonds in 2025 to stimulate the slowing economy, significantly up from this year's 1 trillion yuan. The funds are earmarked for enhancing consumption, investments, and recapitalizing state banks amidst rising trade tensions and a potential new trade war with the U.S. This fiscal strategy reflects the government's commitment to more aggressive economic measures as it aims to support growth amidst external challenges.
Source: YAHOO