China Preps New Coronavirus Stimulus Measures, But Some Ask Are They Bold Enough To Work?

China has rolled out new measures to support its economy from the coronavirus pandemic, including an additional central bank credit line of 1 trillion yuan (US$14 billion) to small lenders. The initiatives announced at a cabinet meeting on Tuesday ranged from new bond quotas for local authorities to income support for poor Chinese.

 Read Here – South China Morning Post

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