BLOOMBERG Bloomberg Markets July 13, 2024
Lets get over to china correspondent in beijing for more. What are the latest developments . The economic front, we did hear from the finance minister over the weekend. There will be additional measures from china to cut taxes and fees to support the economy. We saw additional meters over bond issues at the local government level. Additional letters from policymakers to support the economy. Meet its social and economic target. The question is how much budgetary pressure china will be under and how aggressive these stimulus measures are going to be. Pboc has lowered Interest Rates ensure Financ...