The Bund waterfront in Shanghai. A government relief package worth 4 trillion yuan is designed to help Chinese businesses rebound from the coronavirus outbreak. Photo: Bloomberg
Stronger action may yet be needed to help revive China economy
- Beijing has so far taken a restrained approach with a coronavirus pandemic relief package worth 4 trillion yuan to help businesses cut costs, save jobs and maintain people’s livelihoods
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The Bund waterfront in Shanghai. A government relief package worth 4 trillion yuan is designed to help Chinese businesses rebound from the coronavirus outbreak. Photo: Bloomberg
