Ermina Diannne

China Stimulus 2024 Latest News. China has announced a 6 trillion yuan ($839 billion) plan to help local governments refinance their mountains of debt in the latest push to rev up growth in the world's second. China has announced new stimulus measures to revive a flagging property sector and low domestic demand.

China has announced new stimulus measures to revive a flagging property sector and low domestic demand. 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.