China in post-pandemic mode, will inject billions in the market

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China in post-pandemic mode, will inject...
 © In-Cyprus 2020
China is now intensifying its post-pandemic mode, planning stronger steps to revive its economy, as local coronavirus cases have dwindled and those in the past week have all been imported.

The government is set to unleash billions of dollars in stimulus, as the world’s second largest economy is expected to shrink for the first time in four decades this quarter.

The ruling Communist Party Politburo called for expanding the budget deficit, issuing more local and national bonds, guiding interest rates lower, delaying loan repayments, reducing supply-chain bottlenecks...


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This article was automatically added to our system 28-3-2020

China in post-pandemic mode, will inject billions in the market


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Article Tags: china, pandemic, inject, billions, market,