Mon, April 21, 2025
Sun, April 20, 2025
Sat, April 19, 2025
Fri, April 18, 2025
Thu, April 17, 2025

China accelerates budget spending to counter tariff woes

  Copy link into your clipboard //travel-leisure.news-articles.net/content/2025/ .. ates-budget-spending-to-counter-tariff-woes.html
  Print publication without navigation Published in Travel and Leisure on by Fortune
          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
China has to strengthen public spending to shield the economy as surging American tariffs could send its exports into contraction.
China is accelerating its budget spending to mitigate the economic impact of the ongoing U.S.-China trade war, as reported by the state-run Xinhua News Agency. The Chinese government is advancing the issuance of local government special bonds and increasing the use of fiscal policy tools to support the economy. This move comes in response to the tariffs imposed by the U.S., which have affected Chinese exports and economic growth. The accelerated spending is aimed at boosting domestic demand, supporting infrastructure projects, and stabilizing the economy amidst the trade tensions.

Read the Full Fortune Article at:
[ https://fortune.com/article/china-accelerates-budget-spending-to-counter-tariff-woes/ ]