China introduces a series of policies to boost the economy

Biz Today

China has announced measures to boost domestic consumption and revive the housing market as it seeks greater economic growth. China's top economic planner, the National Development and Reform Commission, says it will implement various supportive policies to boost economic growth further. This comes after officials implemented a series of stimulus policies in late September. What effects can we expect from these stimulus measures? What’s the outlook for China’s economy for the rest of the year?