You are here

Beijing's latest stimulus plan still targeting growth

Measures serve to reassure markets, ensure that growth does not fall below the 7% threshold

CHINA'S State Council on Wednesday unveiled a new stimulus package aimed at supporting the country's flagging economy, in a sign that Beijing's focus is still on supporting growth, despite rising concerns over credit growth and local government debt. The package includes tax breaks for small...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes