China Reveals $1.4 Trillion Plan to Bail Out Local Governments
The support package came after smaller measures were announced to jump-start growth. Economists said it was not big enough to address Chinas sluggish economy. By Meaghan Tobin and John Liu Meaghan Tobin reported from Taipei, Taiwan, and John Liu from Seoul.
Posted by Hicham ALAOUI RIZQ on 2024, Nov 08
Introduction
The support package came after smaller measures were announced to jump-start growth. Economists said it was not big enough to address Chinas sluggish economy. By Meaghan Tobin and John Liu Meaghan Tobin reported from Taipei, Taiwan, and John Liu from Seoul.
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