The Guardian

China prepares £40bn stimulus for financial sector amid fears over sluggish growth

China prepares £40bn stimulus for financial sector amid fears over sluggish growthWorldPing

Beijing wants banks and insurers to bolster investment in stock market as it helps to replenish cash reserves China will inject $54bn (£40bn) into its financial sector as Beijing attempts to shore up banks and insurers in the face of faltering economic growth.

This is a short WorldPing brief. The full report was published by The Guardian.

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The Hindu

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Brief by WorldPing · Original reporting by The Hindu