China plans to spend $137B on infrastructure to boost economy

Yahoo Finance Video
58,579 次觀看・1 年前

China is considering increasing its budget deficit to spend an additional 1 trillion yuan ($137 billion) on infrastructure projects. This proposed stimulus spending aims to boost China's economy by funding construction. However, the expanded deficit would surpass the government's 3% GDP target.

Yahoo Finance reporter Jared Blikre analyzes China's proposed infrastructure spending increase, examining the market trends and economic factors that likely influenced this policy decision.

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