At the beginning of 2022 the Chinese government announced that it was targeting 5.5% growth for the economy, despite the
Posted: Mon Apr 25, 2022 8:10 am
At the beginning of 2022 the Chinese government announced that it was targeting 5.5% growth for the economy, despite the situation of the global economy.
As economic conditions soften, the central bank has started cutting interest rate, local governments have expedited infrastructure spending and the finance ministry has pledged more tax cuts.
As economic conditions soften, the central bank has started cutting interest rate, local governments have expedited infrastructure spending and the finance ministry has pledged more tax cuts.