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China just announced an $1.4 trillion plan to rescue its local governments

Friday's announcement is the latest in a string of stimulus measures China has taken to turn around its ailing economy.

By: Business Insider

Nov 09 2024
70
346 Views

China just announced an $1.4 trillion plan to rescue its local governments

Chinese leader Xi JinpingJenny Chang-Rodriguez/Business Insider

China has announced a local government debt rescue program days after Trump won the US election.
Trump has threatened … [+2650 chars]

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Iraqis tortured at Abu Ghraib awarded US$42 million from US defence contractor