China Set to Announce Major Economic Stimulus Package

Reported 8 months ago

China is poised to reveal significant economic stimulus measures aimed at revitalizing its struggling economy during the upcoming legislature meeting. Analysts suggest that bold, multi-trillion yuan initiatives are essential for recovery from the COVID-19 pandemic. Recent positive signs in car sales and manufacturing, along with increased exports, have sparked optimism, but government officials acknowledge the need for stronger actions to maintain sustainable growth amid long-term economic goals.

Source: YAHOO

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