Liuka Anneliese

China Stimulus Package 2024 Update Today. China’s recent stimulus measures have primarily targeted its monetary policy, which focuses on banks and money supply rather than “spending its way out” of a downturn. China will “significantly increase” government debt issuance to offer subsidies to people with low incomes, support the property market and replenish banks’ capital.

Carlos casanova, asia senior economist at ubp, estimated china needed a debt package of 23 trillion yuan to reduce the inventory of unsold homes and repay maturing lgfv. China finance ministry says will ramp up debt issuance;