The Chinese government has maintained a softly-softly approach when it comes to supporting its coronavirus-hit economy. Photo: AP

China preps new coronavirus stimulus measures, but some ask are they bold enough to work?

  • China’s State Council has authorised new bonds to fund infrastructure, additional subsidies and tax breaks for the car industry, and cheap loans for small businesses
  • Focusing on investment may ‘leave uncompleted projects’ and the government should concentrate on jobs and livelihoods, analysts say
Topic |   China economy
The Chinese government has maintained a softly-softly approach when it comes to supporting its coronavirus-hit economy. Photo: AP
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