China unveils package to boost economy amid IMF growth warning - short news
Beijing to increase business lending and build more affordable housing as post-Covid recovery falters
China’s politburo has signalled measures to kickstart the faltering economy as the crisis gripping the country’s debt-laden property sector continued to play havoc with growth forecasts.
Amid a warning from the International Monetary Fund (IMF) that a slowdown in the world’s second-biggest economy could hurt the global recovery from Covid-19, President Xi Jinping’s..
source: The Guardian - 07.12.2021