China Economic Stimulus 2024. China will “significantly increase” government debt issuance to offer subsidies to people with low incomes, support the property market and replenish state banks’ capital as it pushes to revive. China unveiled more measures to boost its stuttering economy in a rare briefing by the head of the central bank, along with the securities and financial regulators.
Businesses navigate improved consumer sentiment tempered by persistent structural challenges. Exports would plunge by 8 percent over the following year while shaving 2 percent off china’s annual economic growth, estimates larry hu, chief china economist at macquarie.