China Economy Stimulus Package 2024. China’s 2024 stimulus package aims to address economic challenges stemming from a prolonged property market slump, weak consumer confidence, and slowing growth. 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.
China’s 2024 stimulus package aims to address economic challenges stemming from a prolonged property market slump, weak consumer confidence, and slowing growth. China will “significantly increase” government debt issuance to offer subsidies to people with low incomes, support the property market and replenish banks’ capital.
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