Changsha Plans $130 Billion Investment to Boost China's Economy

Note: This section contains information in English only.
Source: Bloomberg
Changsha, the central city of China, announced an $130 billion investment plan aimed at boosting national economy at the period amid its growth slows. The city is addressing banks to fund 195 projects, including subway lines and airport. Local governments are pushing efforts to support the economy, introducing measures such as tax cuts to boost consumption.
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