Get all your news in one place.
100's of premium titles.
One app.
Start reading
Top News
Top News

China Considers Incremental Measures To Boost Sluggish Economy

Chinese Finance Minister Lan Fo'an speaks at a press conference on the sideline of the National People's Congress in Beijing, on March 6, 2024. (AP Photo/Ng Han Guan)

The Chinese government is exploring various avenues to stimulate the economy, as stated by Finance Minister Lan Fo'an. While a major new stimulus plan was not unveiled during his recent remarks, Lan hinted at the possibility of such a plan in the future without providing specific details.

Lan emphasized that discussions are ongoing regarding alternative policy tools that could be implemented in the near future. He highlighted the government's willingness to increase debt and the deficit, noting that there is significant room within the budget to do so.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.