China steps up monetary support as economy takes hit from Covid-19 resurgence

September 02, 2021 10:30 AM

HONG KONG (BLOOMBERG) – China ramped up financial support for small businesses and pledged better use of local government bonds as the economy showed further signs of a slowdown because of tight property controls and fresh virus outbreaks.

Source : http://www.straitstimes.com/business/economy/china-steps-up-monetary-support-as-economy-takes-hit-from-covid-19-resurgence