China Stimulus Package 2024 Release Date. Beijing's economic stimulus has finally arrived. China will “significantly increase” government debt issuance to offer subsidies to people with low incomes, support the property market and replenish banks’ capital.
China on friday announced a $1.4 trillion stimulus program to help local governments deal with debt, as beijing grapples with a struggling economy and the possibility. Several media outlets, including reuters and bloomberg, have reported, quoting unnamed sources, that beijing plans to release 2 trillion rmb ($284bn) in sovereign bonds.
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