China with EXTREME Plans To Save the Economy! #shorts #china #economy

China with an additional ¥1 trillion ($146 billion) in financing increased its economic stimulus measures. However, the support likely won’t be sufficient to offset the harm caused by recurrent Covid-19 lockdowns and a decline in the housing market.

The government’s stated official gross domestic product growth objective of “about 5.5%” has been well beyond reach because of the real estate collapse and China’s stop start reopening from Covid-19 lockdowns. Officials are now disregarding the aim of the Zero-Covid policy.

China is investigating a number of executives at state owned real estate enterprises, marking an extension of the Xi Jinping’s anti-corruption campaign, which has primarily targeted the financial and technological industries authorities. The fresh investigations may indicate that authorities are broadening the effort to encompass the struggling real estate industry.

———- Full video topics ———-
China’s plans to use ¥1 trillion economic stimulus
According to experts China’s economic growth will be low
China’ special loans for real estate and agriculture subsidies
Chinese bank loans and yuan slump
The effect of yuan slump to Chinese trading partners
Experts warned worse economic growth
Xi Jinping’s anti-corruption campaign

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