China slipped into deflation in 2023 as a result of weak domestic demand and a struggling property market.
The finance minister said Beijing would sell bonds to supplement spending and help banks but did not detail how much.
Domestic stimulus aside, there have been outward signs that China’s economy is in trouble. In August, Beijing entered into an agreement with Washington to cooperate on future financial stability. That ...
Analysts gave a cautious welcome to China's announcement Saturday of fresh fiscal stimulus to revive its ailing economy but ...