Just days before its negotiators headed to Switzerland for those tariff talks, China rolled out a substantial stimulus package loaded with financial incentives designed to get money flowing through the economy.Β
Chinese policymakers lowered interest rates on mortgages and car loans to encourage consumer spending, while easing credit access for small businesses.
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Summary from my email subscription "StashAway Weekly Buzz" and this week is about "US-China just went from trade war to trade truce".
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