China.
Beijing: After poverty in Pakistan, a period of poverty has now begun in China as well. The financial condition of both friends suddenly began to deteriorate. The impact of the recession in China has begun to appear since the Corona period. Then, despite the numerous measures taken by China, the slowdown in Beijing’s economy continues. This has created a new challenge for Chinese President Xi Jinping. China is doing its best to boost its economy.
And let us tell you that in this regard, Chinese Finance Minister Lan Fuan said on Saturday that the government is studying additional ways to boost the economy, but he did not announce a new stimulus plan. Analysts and stock investors assume that the government may announce new incentives. Lan left comments open to such a plan in the future, but did not specify the proposals under consideration.
China’s economy is slow
“There are other policy tools that are being discussed, which are still being worked on,” he said during a conversation with reporters. He said that the government’s budget will be used to increase debt and increase the deficit. The Chinese economy remains sluggish despite the lifting of restrictions related to the Covid-19 pandemic in late 2022. (AFP)
Read also
A Pakistani was sentenced to life imprisonment for the murder of an Indian restaurant manager, and the incident was committed in Britain
Hezbollah anti-tank commander Oraib Al-Shouga was killed in an Israeli attack in southern Lebanon
Latest world news
