look news india
After poverty in Pakistan, now the era of poverty has started in China also. The financial condition of both the friends has suddenly started deteriorating. The effect of recession is being seen in China since the Corona period. After this, despite many steps taken by China, Beijing's economy continues to slow down. This has created a new challenge for Chinese President Xi Jinping. China is making every possible effort to boost its economy.
Let us tell you that in this context, China's Finance Minister Lan Fon said that the government is considering additional measures to boost the economy, but he did not announce any new stimulus plan. Analysts and stock investors were speculating that the government may announce new incentives. Lane's comments left the door open for such a plan in the future, but he did not specify what proposals were under consideration.
China's economy slowed down
Speaking to reporters, he said other policy instruments were being discussed, which he said would use the government's budget to increase debt and increase the deficit. China's economy remains sluggish despite restrictions related to the COVID-19 pandemic being lifted in late 2022.
