China offers US$325bil in fiscal stimulus for ailing economy | TheStarTV.com

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China offers US$325bil in fiscal stimulus for ailing economy

Published on 12 Oct 2024 4:51:43 PM

China said Saturday (Oct 12) it will make US$325bil in fiscal support available to its economy over the next three months, offering help to bolster banks, shore up the property market and free up consumption spending in Beijing's biggest aid programme since the global financial crisis.

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Keywords
news, china, economy, slowdown, fiscal intervention, treasury bonds, stimulus, lan foan, finance ministry

China said Saturday (Oct 12) it will make US$325bil in fiscal support available to its economy over the next three months, offering help to bolster banks, shore up the property market and free up consumption spending in Beijing's biggest aid programme since the global financial crisis.

WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline

Keywords:
news, china, economy, slowdown, fiscal intervention, treasury bonds, stimulus, lan foan, finance ministry

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