China Stimulus Package 2024 News. China's central bank has unveiled a major package of measures aimed at reviving the country's flagging economy. China has approved a 10 trillion yuan ($1.4 trillion) plan to bolster its ailing economy by allowing local governments to refinance their debt, unveiling additional stimulus measures.
China has announced a broad suite of stimulus measures, but analysts are sceptical about whether they are enough to kickstart a sluggish economy. China gave its economy a shot in the arm with an extraordinary flurry of stimulus measures in the past week.
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