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The Economic Times

National / The Economic Times

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China steps up fiscal support as growth weakens, domestic demand falters

China is preparing new coordinated fiscal and financial measures for the second half of the year as economic growth weakens and domestic demand remains subdued. The programme includes interest subsidies and loan guarantees aimed at encouraging borrowing by businesses and consumers, while Beijing also seeks to accelerate local government spending.

22 Aug 2026 12:27 am