Econ and Finance - 06 Jul 2022

H2 stimulus taking shape

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We’ve been wondering how Beijing would sustain its fiscal firepower in H2.

Well, on Tuesday, Reuters revealed part of the plan.

The scoop:

First, Beijing will set up a state infrastructure investment fund worth RMB 500 billion in Q3.Second, Beijing will give local governments an advanced q...

Snuh-ohez.

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