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What will China’s stimulus measures bring to the economy?

What will China’s stimulus measures bring to the economy?

China says it will s...

Biz Today · podcastcp

October 18, 202427m 0s

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Show Notes

China says it will soon introduce new fiscal policies to boost the economy. During a recent press conference, Finance Minister Lan Fo'an says the package aims to help local governments defuse their debt risks and bolster the housing market. What is the rationale behind the plan? How will these fiscal policies work together with monetary policy to stabilize the property sector, and boost Chinese economy (00:45)? Tesla has unveiled its latest driverless tech, the Cybercab. How could this new product change the future of transport (19:35)?