CX Daily: China Tries New Tack to Spur Economic Growth Through Stimulus Effort

Stimulus /

Cover Story: China tries new tack to spur economic growth through stimulus effort

China has unveiled a wave of fiscal stimulus policies, signaling a shift in its approach to overcoming the nation’s economic headwinds. The plans – which began rolling out Sept. 24 and involve multiple government agencies – represent an approach of “incremental policies” designed to boost domestic demand, stabilize stock markets and sustain growth.