Economists say issuing cash vouchers directly to citizens is a quick way to stimulate growth. Photo: Bloomberg
Economists say issuing cash vouchers directly to citizens is a quick way to stimulate growth. Photo: Bloomberg

Coronavirus: China urged to hand out consumption vouchers to help local governments, boost spending

  • Economists say issuing cash vouchers directly to citizens is the quickest way to stimulate growth from the demand side
  • Beijing’s zero-Covid policy has hammered spending in China and local government finances are being stretched thin

Economists say issuing cash vouchers directly to citizens is a quick way to stimulate growth. Photo: Bloomberg
Economists say issuing cash vouchers directly to citizens is a quick way to stimulate growth. Photo: Bloomberg
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