China rolls out a slew of measures to lift economy

Samatha Drews 07/05/2025 15:20

Beijing announced on Wednesday a whole basket of new measures, including interest rate cuts and extra funding, to prop up the economy as it steps up efforts to offset the impact from sky-high US tariffs. The measures came shortly after US and mainland officials said US Treasury Secretary Scott Bessent and chief trade negotiation Jamieson

Rthk.hk
Beijing announced on Wednesday a whole basket of new measures, including interest rate cuts and extra funding, to prop up the economy as it steps up efforts to offset the impact from sky-high US tariffs.

The measures came shortly after US and mainland officials said US Treasury Secretary Scott Bessent and chief trade negotiation Jamieson Greer will meet with China’s top economic official He Lifeng in Switzerland this weekend for talks…
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